Trade involves the exchange of goods, services, or resources between individuals or groups. It allows for economic interaction and the acquisition of needed items from others.
Related terms
Barter system: A form of trade where goods are directly exchanged without using money.
Commerce: The activity of buying and selling products on a large scale.
Mercantilism: An economic theory emphasizing that a country's wealth is determined by its accumulation of gold and silver through exports while limiting imports.