economy

definition of chamber of commerce

The Chamber of Commerce it is an organization made up of the owners of shops or businesses and companies, whose activity converges in a certain geographical region and whose objective then is to ensure the interests that affect their area. With the exceptions of the case, we could say that the chamber of commerce is equivalent to the typical workers' unions that protect the interests and rights of their members.

The directors that make up the aforementioned chamber are directly elected by the members of the organization, that is, it is the owners of the businesses and companies who decide by the authorities that will take care of defending their interests when necessary. It should be noted that generally the elected authorities are also merchants or businessmen who have a long history in the sector in question and therefore are highly suitable to carry out the task.

This type of entity is widespread worldwide and, as with other organizations, both its action and operation are regulated by a specific standard.

Although there are many activities that they carry out, among the most prominent that they pursue are: promotion of clean trade in their geographic location; they fight before the corresponding government for the achievement of benefits with regard to the regulation of the activity; they work in favor of free competition; provide legal advice; They gather information and statistics inherent to their field in order to help their members to maximize the performance of their work, and they hold special seminars and conferences on some topics of interest related to their occupation.

Now doing a little history about the concept that concerns us, it has been verified from different data found, that the origin of this type of organization dates back to before Christ, in Middle EastFor example, commercial organizations have been registered that had a sense similar to today's chambers of commerce.

Meanwhile, formally, the first to appear did so towards the end of the 16th century in Europe, more precisely in places like France, Marseille and Belgium, among other.

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