You are aware by this point that you buy your books and stationery from a retailer, travel by bus or train, send letters, speak on the phone, and hire teachers for your studies and doctors when you are ill. Thus, this section’s discussion of tertiary activities includes trade, transportation, communication, and services. The tertiary activities are categorised using the chart as a guide.

Trade And Commerce

1.Trade Evolution: Trade has evolved from basic barter systems to complex international monetary exchange systems. This evolution has been driven by the need for more efficient methods of exchanging goods and services across increasing distances and between growing populations.

2.Rural And Urban Trading Centres:

Rural trading centres primarily serve the local populations, offering basic goods and necessities. They act as collection and distribution points within the region. The markets in these centres may operate on a regular or periodic basis, meeting the basic needs of the rural populace.

Urban trading centres, on the other hand, cater to a broader market and offer a wide range of products and services, including specialised goods and professional services. The urban centres often have a well-developed infrastructure supporting retail and wholesale trade, alongside markets for labour, housing, and various other specialised markets.

3.Retail Trading: Retail trading is focused on selling goods directly to the consumers. This can happen through brick-and-mortar stores or via non-traditional channels like online platforms, mail-orders, street peddling, and vending machines. The primary aim is to meet the end consumer’s demands by providing a platform to purchase goods in smaller quantities.