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

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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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Time to shower and clean up for work but I get my boys tonight in Commerce City, CO http://loopt.us/RiVaYw.t
wetwilly81 (Michael Garcia) Wed, 06 Jan 2010 19:29:25 -0000
Time to shower and clean up for work but I get my boys tonight in Commerce City, CO http://loopt.us/RiVaYw.t
RT @justsayes: Constitutionality of health care being challenged..Dems to use Commerce law to justify so place Transvestite @ head of Co ...
revolt777 (mousavi) Wed, 06 Jan 2010 19:28:41 -0000
RT @justsayes: Constitutionality of health care being challenged..Dems to use Commerce law to justify so place Transvestite @ head of Co ...
What was the most popular post from 2009 on our E-Commerce Insights blog? ----> http://ow.ly/TpaW Check it out!
ATG_ecommerce (ATG_ecommerce) Wed, 06 Jan 2010 19:28:22 -0000
What was the most popular post from 2009 on our E-Commerce Insights blog? ----> http://ow.ly/TpaW Check it out!
Aggregate still shifting from e-commerce recs to ad analytics with $9M http://ow.ly/16ht1s
kapoorsunny (Sunny Kapoor) Wed, 06 Jan 2010 19:28:18 -0000
Aggregate still shifting from e-commerce recs to ad analytics with $9M http://ow.ly/16ht1s
Oconee Chamber to host Business After Hours: The Oconee Counter Chamber of Commerce will host a Business After Hou... http://bit.ly/7W0Gdc
brians_news (Brian) Wed, 06 Jan 2010 19:27:10 -0000
Oconee Chamber to host Business After Hours: The Oconee Counter Chamber of Commerce will host a Business After Hou... http://bit.ly/7W0Gdc
RT @restaurantclub: The new Du Jour at Commerce Square just opened and the menu has some additions that will shake up boring lunches. ht ...
foobooz (Foobooz) Wed, 06 Jan 2010 19:26:38 -0000
RT @restaurantclub: The new Du Jour at Commerce Square just opened and the menu has some additions that will shake up boring lunches. ht ...

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