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Commerce is the trading of something of economic value such as goods, services, information or money between two or more entities. Commerce is the central mechanism which drives capitalism and other economic systems. Commercialization is the process of transforming something into a product, service or activity which may be used in commerce.

History


Commerce has its origins from the very start of communication in prehistoric times. Trading was the main facility of prehistoric people, who bartered what they had for goods and services from each other. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago. Introduction.

Later, currency was introduced as a standardized money to facilitate a wider exchange of goods and services. Numismatists have collections of these monies which include coins from the earliest large-scale societies, although these were initially unmarked lumps of precious metalGold was an especially common form of early money, as described in Origins of Money and of Banking . The major advantage to commerce of circulating a standardized currency is that money overcomes the "Double coincidence of wants" necessary for barter trades to occur. For example, if a man who makes pots for a living needs a new house, he must hire someone to build it for him. But he cannot make an equivalent number of pots to equal this service done to him, and even if he could the house builder might not want the pots. Currency solved this problem by allowing values to be assigned to things so that goods and services can in a way be effectively collected and stored for later use, or split among several providers.

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RT @freepress: The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
Cantrben (BJ Cantrell) Wed, 04 Nov 2009 15:08:01 -0000
RT @freepress: The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
The pro-business case for #NetNeutrality and free-flowing Web commerce. http://twurl.nl/caaae8
michaelgmccoy (Michael McCoy) Wed, 04 Nov 2009 14:56:21 -0000
The pro-business case for #NetNeutrality and free-flowing Web commerce. http://twurl.nl/caaae8
The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
freepress (Free Press) Wed, 04 Nov 2009 14:41:12 -0000
The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
TimKarr (TimKarr) Wed, 04 Nov 2009 14:06:22 -0000
The pro-business case for #NetNeutrality and free-flowing Web commerce: http://twurl.nl/caaae8
RT @colmus48: Joining a local Chamber of Commerce is fastest, easiest, most economical way 2 promote your business and network face 2 face.
CompleteMember (Complete Member) Wed, 04 Nov 2009 12:01:01 -0000
RT @colmus48: Joining a local Chamber of Commerce is fastest, easiest, most economical way 2 promote your business and network face 2 face.
Spanish library for stuff on e-commerce and e-business http://bit.ly/4rBUJj (also with material on English)
lbgouveia (Luis Borges Gouveia) Wed, 04 Nov 2009 10:02:59 -0000
Spanish library for stuff on e-commerce and e-business http://bit.ly/4rBUJj (also with material on English)

 
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Academy of Legal Studies in Business - An academic-professional organization composed primarily of professors of business legal studies.
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Bay Area Real Estate Council, Inc. - Organization of attorneys who specialise in real estate transactions. Information promoting organisations goals, expected benefits to clients, membership directory.

National Law Center for Inter-American Trade - A non-profit research and educational institution which seeks to develop the legal infrastructure necessary to facilitate the movement of goods, services and investment capital in the Western Hemisphere.

Pacific Southwest Academy of Legal Studies in Business - Non-profit association of business law professors, primarily undergraduate, serving the Southwest United States, but members come from all over the world. Annual academic conference each February in Palm Springs.

The American College of Construction Lawyers - Founded in 1990, The ACCL is a national organization located in Washington, D.C. of lawyers in the practice or in the teaching of construction law, and who are dedicated to excellence in the specialized practice of construction law.

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