Commerce  

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"The [...] split between high culture and low culture indicates the sophistication of modernity, not its corruption or disintegration. A world where high and low culture were strongly integrated would be a world that devoted little effort to satisfying minority tastes. Genres that rely heavily on equipment and materials, which I describe as capital-intensive, tend to produce popular art. Genres with low capital costs, which I describe as labor-intensive, tend to produce high art. The movie spectacular with expensive special effects is likely to have a happy ending. The low-budget art film, directed and financed by an iconoclastic auteur, may leave the viewer searching."--In Praise of Commercial Culture (1998) by Tyler Cowen

Loie Fuller poster for the Folies Bergère in the late 19th century. (poster by PAL (Jean de Paléologue), printed by Paul Dupont)
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Loie Fuller poster for the Folies Bergère in the late 19th century.
(poster by PAL (Jean de Paléologue), printed by Paul Dupont)

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Kunstformen der Natur (1904) by Ernst Haeckel
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Kunstformen der Natur (1904) by Ernst Haeckel

Commerce is the exchange of goods and services, especially on a large scale. It is a money-making endeavor that involves a corporation or other formalized group of workers and management working toward the production of goods or services to participate in an economy.

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Etymology

The English-language word commerce has been derived from the Latin word commercium, from cum ("together") and merx ("merchandise").

History

Historian Peter Watson and Ramesh Manickam date the history of long-distance commerce from circa 150,000 years ago. In historic times, the introduction of currency as a standardized money facilitated the exchange of goods and services.

Banking systems developed in medieval Europe, facilitating financial transactions across national boundaries. Markets became a feature of town life, and were regulated by town authorities.

Commercial

Commercial may refer to:

See also




Unless indicated otherwise, the text in this article is either based on Wikipedia article "Commerce" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on original research by Jahsonic and friends. See Art and Popular Culture's copyright notice.

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