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What is Commerce? Who is the Father of Commerce?

By BYJU'S Exam Prep

Updated on: September 25th, 2023

Commerce is a field of study that deals with business, finance, economics, trading and more. Hence, if one wishes to enter the field of business of any kind, they should study commerce as a subject. Commerce also focuses on trade among businesses and clients and the exchange of goods and services.

Furthermore, as per Greek mythology, the father of commerce is Poseidon, the sea god. This is because sea routes play an important role in trading and exchanging goods and make it possible to import and export things.

Answer:

Commerce is the study of trade and business. The father of Commerce is the Greek god Poseidon

There are mainly three different subjects in Commerce: Accountancy, Business Studies, and Economics. In India, if a student opts for Commerce stream in the 11th standard, they must study these subjects till the 12th standard along with the general subjects like Mathematics and English.

Summary:

What is Commerce? Who is the Father of Commerce?

Commerce is the study of trade, business and finance. It covers different aspects of economics and trade and helps you understand how businesses work. According to Greek mythology, the father of Commerce is Poseidon, the sea god. This is because he is the sea god and sea routes are vital to trade and commerce.

 

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