ROLE OF COMMERCE EDUCATION IN INCLUSIVE GROWTH OF INDIA
Journal: International Education and Research Journal (Vol.7, No. 6)Publication Date: 2021-06-15
Authors : Kundan A. Brahmaniya Chinmayee J. Bhatt;
Page : 19-20
Keywords : Commerce; Education; Economy; India;
Abstract
Commerce education is central to economic growth. It plays a pivotal role in ensuring the success of various sectors of the economy. Commerce education has gathered much vitality as commerce also affects when the business cycle is performing fairly well. Commerce education allows students to get acquainted with the business world environment. It allows understanding the vitality of economic thinking and principles in business decisions. Commerce education gives awareness of social, economic, and political issues. Production needs to be consumed. A suitable distribution channel to assist this consumption is a must. Commerce does just that via a market creation for surplus products. Due to commerce, the global marketplace's scope has tremendously widened. It has also fastened the exchange practice in the local markets globally. It is well established that good commerce is vital in the economic development of any nation. In this research, an analysis is made of the vitality of commerce education in the developing Indian economy.
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