How does voluntary trade promote economic progress?

Voluntary trade promote economic progress:

Voluntary trade promotes economic progress because it encourages businesses to seek lower per-unit costs by adopting mass production methods. In mass production the production cost of per piece of the it or object decreases gradually. This happens because the mass production is done with machines so the amount of wastage is reduced and the time consumed is also reduced.

Also machines produces products on large scale so the machine running cost is also settled down. When the raw material is purchased in bulk it also costs cheaper so the final price of per piece gradually decreases. This how the lower prices on the mass produced products attract customers in large numbers and increase the sale which promotes the economic progress.

it brings together the military and civilian sectors of society to harness the total power of the nation. it is the mechanism that facilitates the successful prosecution of any conflict.it brings together the military and civilian sectors of society to harness the total power of the nation. it is the mechanism that facilitates the successful prosecution of any conflict.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.