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WAEC Commerce 2024 Question 1

Question 1

Introduction to Commerce

The development of Commerce was promoted by

  1. A.warehousing.
  2. B.transportation.
  3. C.specialization.
  4. D.manufacturing.
Show the answer and explanation

Answer: C (specialization.)

Explanation

Specialization created surpluses that had to be exchanged, and this need for exchange led to commerce.