Neco 2023 Commerce Question 1

Practice essay / theory question 1 from the 2023 Neco Commerce examination. This question covers Introduction to Commerce .

Neco 2023 Commerce Essay / Theory

Topic: Introduction to Commerce

Question 1 NECO • 2023 • COMMERCE • essay

Commerce is the activity of buying and selling goods and services and it plays a vital role in the economic development of a country.

( a )

Define commerce and distinguish it from trade.

( b )

Explain three ways in which commerce contributes to national development.

( c )

Discuss the impact of e‑commerce on traditional retail businesses in Nigeria, giving two positive and two negative effects.

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This is Neco 2023 Commerce Question 1. It is one of the essay questions from the 2023 Neco Commerce examination.

The question covers Introduction to Commerce .

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