Trading refers to the exchange of goods, services, or resources between individuals, groups, or nations. It involves the transfer of ownership in return for something of value.
Related terms
Mercantilism: An economic theory that emphasizes the accumulation of wealth through trade and the establishment of colonies to secure raw materials.
Commercial revolution: A period of European economic expansion, colonialism, and mercantilism from the 15th to 18th centuries.
Trade networks: Networks that connect different regions or civilizations for the purpose of exchanging goods and facilitating commerce. Examples include the Silk Road and Trans-Saharan routes.