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TOPIC 20 THE COMMERCIAL ACTIVITY - Coggle Diagram
TOPIC 20 THE COMMERCIAL ACTIVITY
OWN BUSINESS
Most people engaged in business in more than 10 employees are located in retail trade. They represent 49% of the total of people dedicated to the commerce.
Then, 39% of the total of employees of the commerce sector belongs to the wholesale trade, that is, to the sale of large quantities of merchandise.
And, finally, the remaining 12% of workers and employees corresponds to the activity of vehicle sales and retail fuels.
Producers are also affected because large trading companies impose production standards on their suppliers and change the characteristics of traditionally consumed products.
CONCENTRATION OF TRADE
Trade is concentrated, above all, in the provinces of Pichincha and Guayas, because there are the largest economic activity and the largest cities in Ecuador: Quito and Guayaquil. In the two provinces is the 77% of the total commercial establishments.
The participation of women is more important in trade than in other sectors such as manufacturing or industry, where there are more men employed.
The greatest concentration of female labor is in the retail trade.
TRADE IN THE ECONOMY
The products must be transferred to the market in order to be sold and acquired by the consumer.
Most of the local or commercial establishments are small family businesses with up to five workers or on their own, where women play a very important role.
FOREIGN TRADE
Progressively, the country is diversifying its exports to other regions and countries of the world, especially the neighboring and Latin American countries.
Ecuador is heavily dependent on these imports.
This is an important cause of the decapitalization of the national economy.
EXPANSION OF SUPERMARKETS
The chains of large supermarkets are displacing small family businesses. These large commercial companies have organized smaller chains and have even reached the area of the neighborhood.
This is a phenomenon that has occurred with great intensity throughout Latin America, where it is common to see the influence of large transnational firms from European countries that operate in large countries.