The development of commerce is significantly influenced by w…

JAMB Commerce 2023 163 views
Source: JAMB · 2023

The development of commerce is significantly influenced by which of the following factors?

  1. Cultural diversity
  2. Natural disasters
  3. Government regulations ✓
  4. All of the above
Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.

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