Aids to Trade

                       This function such as banking, transportation, insurance, ware-housing, advertising, etc. 

(a) Banking: 
                       Banks provide a device through which payments for goods bought and sold are made thereby facilitating the purchase and sale of goods on credit. 
                       Banks serve the useful economic function of collecting the savings of the people and business houses and making them available to those who may profitably use them.

(b) Transportation : 
                       Transport performs the function of carrying goods from producers to wholesalers, retailers, and finally customers.

(c) Warehousing: 
                        There is generally a time lag between the production and consumption of goods. 

                        This problem can be solved by storing the goods in warehouse. 
                     
                        Storage creates time utility and removes the hindrance of time in trade. 

(d) Insurance: 
                        Insurance provides a cover against the loss of goods in the process of transit and storage. 
                         An insurance company performs a useful service of compensating for the loss arising from the damage caused to goods through fire, pilferage, thief and the hazards of sea, transportation and thus protects the traders form the fear of loss of goods. 
                         It charges insurance premium for the risk covered.

(e) Advertising : 
                         Advertising performs the function of bridging the information gap about the availability and uses of goods between traders and consumers.