!!!Handel, Wirtschaftsbereich

Trade, important sector of economic activity, indispensable to an 
economy based on the division of labour as the mediator between 
producers and consumers, limited to the sale of movables (goods, 
commodities) and, in addition, serving to bridge the distance, in time 
and space, between manufacturers and end-users. Along with these 
distribution functions trade also has economic (advance financing, 
price fixing, warehousing), communicative (advertising, advisory) and, 
in recent times, ecological functions (such as the disposal of 
packaging materials.

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In Austria, trading activities are broken down into 24 retail and 26 
wholesale branches. The total number of trading companies registered 
as employers was more than 31.100 retail and 18.200 wholesale trading 
firms in 1996. Trade not only has an important role as an employer 
(approx. 431.000 employees in 1996) but also provides vocational 
training (20.212 apprentices in 1995).  Foreign Trade.


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