Economy

What is a commercial area? »Its definition and meaning

Anonim

It is a territorial extension that is located within the big cities and whose main objective is trade, such has been the acceptance of society, the development of production and trade that specific places have been allocated for this activity, emerging what that we know today as shopping centers, some being very luxurious and extravagant where you can get all kinds of things and other simpler and smaller ones, everything will depend on the area where you are.

Trade zones are nothing new, they have their history and they go back centuries, established by Shannon, Co. Clare III to promote employment in rural areas of Ireland, where the Government made use of small spaces in the regions and thus generate income to the economy, resulting in great success to the point that it continues to function today.

In continents such as Latin America, this activity took place during the 20th century, with Argentina and Uruguay being the pioneers in activating trade. The commercial zones in general are to generate jobs and thus reduce poverty and unemployment, which stimulates the economy of the area.

Within these commercial zones, they often become free trade zones, where the barriers of tariffs and commercial taxes between countries that constitute it are eliminated, that is, the prices of all commercial products between them will be the same for all members. of the zone, so that a country cannot increase (through import tariffs) the price of goods produced in another country that is part of the free trade zone.