What does 'e-commerce' mean?
AnswerBuying and selling online
E-commerce is commerce conducted over the internet.
Business · Facts & stats
Commerce facts & stats
7 fact-checked facts about commerce, trade and how buying and selling works, each with the reason behind it. 5 more are in today's round and join this page after it closes.
The basics
What is bartering?
AnswerTrading goods or services without money
Barter swaps goods or services directly.
Going deeper
What does 'B2B' mean in commerce?
AnswerBusiness to business
B2B describes sales between companies rather than to consumers.
Which barcode standard appears on most retail products in North America?
AnswerUPC
The Universal Product Code is the standard retail barcode in North America.
Which Dutch company, founded in 1602, is often cited as the first publicly traded company?
AnswerDutch East India Company
The VOC issued shares that traded in Amsterdam.
Expert level
The first product scanned with a UPC barcode at a checkout in 1974 was a pack of what?
AnswerWrigley's chewing gum
A pack of Wrigley's Juicy Fruit gum was scanned in Troy, Ohio.
In 1913, the US Department of Commerce was split from which department?
AnswerDepartment of Commerce and Labor
The combined department was divided into Commerce and Labor in 1913.
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