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83-453: Perronneau was born in Paris . His exact date of birth is unknown, but posthumous accounts suggest that it was around 1716. He began his career as an engraver, apparently studying with Laurent Cars , whose portrait he drew, and working for the entrepreneurial printseller Gabriel Huquier , rue Saint-Jacques, Paris, making his first portraits in oils, and especially in pastels, in the 1740s. His career

166-705: A Proto-Celtic form reconstructed as * kwar-is-io -. Alternatively, Pierre-Yves Lambert proposed to translate Parisii as the 'spear people', by connecting the first element to the Old Irish carr ('spear'), derived from an earlier * kwar-sā . In any case, the city's name is not related to the Paris of Greek mythology . Residents of the city are known in English as Parisians and in French as Parisiens ( [paʁizjɛ̃] ). They are also pejoratively called Parigots ( [paʁiɡo] ). The Parisii ,

249-699: A country. International commerce can be regulated by bilateral treaties between countries. After the second world war and the rise of free trade among nations, multilateral arrangements such as the GATT and later the World Trade Organization became the principal systems regulating global commerce. The International Chamber of Commerce (ICC) is another important organization which sets rules and resolves disputes in international commerce. Where national government bodies undertake commercial activity with or inside other states, this commercial activity may fall outside

332-530: A fair amount of sunshine. Each year there are a few days when the temperature rises above 32 °C (90 °F). Longer periods of more intense heat sometimes occur, such as the heat wave of 2003 when temperatures exceeded 30 °C (86 °F) for weeks, reached 40 °C (104 °F) on some days, and rarely cooled down at night. Spring and autumn have, on average, mild days and cool nights, but are changing and unstable. Surprisingly warm or cool weather occurs frequently in both seasons. In winter, sunshine

415-437: A general sense, business is the activity of earning money and making one's living through engaging in commerce. The difference between business and commerce is that business can also refer to a commercial entity , such as a company. So, in a more specific sense, a business is an organization or activity for making a profit by providing goods and services which meet the needs of its customers or consumers. Commerce, deals with

498-702: A huge and emotional crowd down the Champs Élysées towards Notre Dame de Paris and made a rousing speech from the Hôtel de Ville . In the 1950s and the 1960s, Paris became one front of the Algerian War for independence; in August 1961, the pro-independence FLN targeted and killed 11 Paris policemen, leading to the imposition of a curfew on Muslims of Algeria (who, at that time, were French citizens). On 17 October 1961, an unauthorised but peaceful protest demonstration of Algerians against

581-755: A sub-tribe of the Celtic Senones , inhabited the Paris area from around the middle of the 3rd century BC. One of the area's major north–south trade routes crossed the Seine on the Île de la Cité , which gradually became an important trading centre. The Parisii traded with many river towns (some as far away as the Iberian Peninsula) and minted their own coins. The Romans conquered the Paris Basin in 52 BC and began their settlement on Paris's Left Bank . The Roman town

664-487: A varied body of work in which he insists on the psychology of his characters and transmits a little of the spirit of the Enlightenment, as evidenced by the expressiveness of the faces he depicts, the liveliness of the looks, the half-smiles we can watch and guess about. Often close to the harmonies of " camaïeu ", his pastels and oils willingly play on monochrome variations: the ochres of the portrait of Mme. de Sorquainville,

747-681: A wider variety of goods and services, and encourages innovation and competition for better products . On the other hand, commerce can worsen economic inequality by concentrating wealth (and power ) into the hands of a small number of individuals , and by prioritizing short-term profit over long-term sustainability and ethical , social , and environmental considerations, leading to environmental degradation , labor exploitation and disregard for consumer safety . Unregulated, it can lead to excessive consumption (generating undesirable waste ) and unsustainable exploitation of nature (causing resource depletion ). Harnessing commerce's benefits for

830-517: Is Montmartre at 130 m (427 ft). Excluding the outlying parks of Bois de Boulogne and Bois de Vincennes , Paris covers an oval measuring about 87 km (34 sq mi) in area, enclosed by the 35 km (22 mi) ring road, the Boulevard Périphérique . Paris' last major annexation of outlying territories in 1860 gave it its modern form, and created the 20 clockwise-spiralling arrondissements (municipal boroughs). From

913-767: Is 450 km (280 mi) southeast of London, 287 km (178 mi) south of Calais , 305 km (190 mi) southwest of Brussels , 774 km (481 mi) north of Marseille , 385 km (239 mi) northeast of Nantes , and 135 km (84 mi) southeast of Rouen . Paris has an oceanic climate within the Köppen climate classification , typical of western Europe. This climate type features cool winters, with frequent rain and overcast skies, and mild to warm summers. Very hot and very cold temperatures and weather extremes are rare in this type of climate. Summer days are usually mild and pleasant, with average temperatures between 15 and 25 °C (59 and 77 °F), and

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996-481: Is a part of commerce and commerce is an aspect of business. Historian Peter Watson and Ramesh Manickam date the history of long-distance commerce from circa 150,000 years ago. In historic times, the introduction of currency as a standardized money facilitated the exchange of goods and services. Commerce was a costly endeavor in the antiquities because of the risky nature of transportation, which restricted it to local markets. Commerce then expanded along with

1079-460: Is categorized into domestic trade , including retail and wholesale as well as local, regional, inter-regional and international/foreign trade (encompassing import , export and entrepôt/re-export trades). The exchange of currencies (in foreign exchange markets ), commodities (in commodity markets /exchanges) and securities and derivatives (in stock exchanges and financial markets ) in specialized exchange markets also falls under

1162-719: Is derived from its early inhabitants, the Parisii , a Gallic tribe from the Iron Age and the Roman period . The meaning of the Gaulish ethnonym remains debated. According to Xavier Delamarre , it may derive from the Celtic root pario- ('cauldron'). Alfred Holder interpreted the name as 'the makers' or 'the commanders', by comparing it to the Welsh peryff ('lord, commander'), both possibly descending from

1245-403: Is distinguishable from trade as well. Trade is the transaction (buying and selling) of goods and services that makes a profit for the seller and satisfies the want or need of the buyer. When trade is carried out within a country, it is called home or domestic trade , which can be wholesale or retail . A wholesaler buys from the producer in bulk and sells to the retailer who then sells again to

1328-440: Is scarce. Days are cool, and nights are cold but generally above freezing, with low temperatures around 3 °C (37 °F). Light night frosts are quite common, but the temperature seldom dips below −5 °C (23 °F). Paris sometimes sees light snow or flurries with or without accumulation. Paris has an average annual precipitation of 641 mm (25.2 in), and experiences light rainfall distributed evenly throughout

1411-590: Is the capital and largest city of France . With an estimated population of 2,102,650 residents in January 2023 in an area of more than 105 km (41 sq mi), Paris is the fourth-largest city in the European Union and the 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance , diplomacy , commerce , culture , fashion , and gastronomy . Because of its leading role in

1494-877: The Académie Royale de Peinture et de Sculpture in 1753, with portraits of fellow artist Jean-Baptiste Oudry and the sculptor Lambert-Sigisbert Adam , both now at the Louvre Museum . After 1779 he no longer exhibited in the Paris Salons, but the clientele in his portraits reveal how widely he travelled in the provinces of France, with a group of sitters connected with Orléans , but also in Toulouse , Bordeaux , and Lyon . Farther afield he may have been in Turin and Rome, and in Spain, Hamburg , Poland, Russia, and England. Perronneau produced

1577-599: The Champs-Élysées extended the city west to Étoile , while the working-class neighbourhood of the Faubourg Saint-Antoine on the eastern side of the city grew increasingly crowded with poor migrant workers from other regions of France. Paris was the centre of an explosion of philosophic and scientific activity, known as the Age of Enlightenment . Diderot and D'Alembert published their Encyclopédie in 1751, before

1660-785: The College of Sorbonne , and a palace for himself, the Palais-Cardinal . After Richelieu's death in 1642, it was renamed the Palais-Royal . Due to the Parisian uprisings during the Fronde civil war, Louis XIV moved his court to a new palace, Versailles , in 1682. Although no longer the capital of France, arts and sciences in the city flourished with the Comédie-Française , the Academy of Painting, and

1743-634: The European Space Agency , the European Banking Authority and the European Securities and Markets Authority . The football club Paris Saint-Germain and the rugby union club Stade Français are based in Paris. The 81,000-seat Stade de France , built for the 1998 FIFA World Cup , is located just north of Paris in the neighbouring commune of Saint-Denis . Paris hosts the annual French Open Grand Slam tennis tournament on

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1826-471: The European Union ) or coalitions (like BRICS ) leading to its reconfiguration. The English-language word commerce has been derived from the Latin word commercium , from com ("together") and merx ("merchandise"). Despite many similarities (to the extent that they are sometimes used as synonyms in layman's terms and in other contexts), commerce, business and trade are distinct concepts. In

1909-707: The French Academy of Sciences . To demonstrate that the city was safe from attack, the king had the city walls demolished and replaced with tree-lined boulevards that would become the Grands Boulevards . Other marks of his reign were the Collège des Quatre-Nations , the Place Vendôme , the Place des Victoires , and Les Invalides . Paris grew in population from about 400,000 in 1640 to 650,000 in 1780. A new boulevard named

1992-640: The Grand Paris project, to integrate Paris more closely with the towns in the region around it. After many modifications, the new area, named the Metropolis of Grand Paris , with a population of 6.7 million, was created on 1 January 2016. In 2011, the City of Paris and the national government approved the plans for the Grand Paris Express , totalling 205 km (127 mi) of automated metro lines to connect Paris,

2075-469: The Industrial Revolution fundamentally reshaped commerce. In the post-colonial 20th century, free market principles gained ground, multinational corporations and consumer economies thrived in U.S.-led capitalist countries and free trade agreements (like GATT and WTO ) emerged, whereas communist economies encountered trade restrictions , limiting consumer choice . Furthermore, in

2158-484: The Montgolfier Brothers launched the first manned flight in a hot air balloon on 21 November 1783. Paris was the financial capital of continental Europe, as well the primary European centre for book publishing, fashion and the manufacture of fine furniture and luxury goods. On 22 October 1797, Paris was also the site of the first parachute jump in history, by Garnerin . In the summer of 1789, Paris became

2241-517: The Paris Commune held power for two months, before being harshly suppressed by the French army during the " Bloody Week " at the end of May 1871. In the late 19th century, Paris hosted two major international expositions: the 1889 Universal Exposition , which featured the new Eiffel Tower, was held to mark the centennial of the French Revolution; and the 1900 Universal Exposition gave Paris

2324-579: The Pont Alexandre III , the Grand Palais , the Petit Palais and the first Paris Métro line. Paris became the laboratory of Naturalism ( Émile Zola ) and Symbolism ( Charles Baudelaire and Paul Verlaine ), and of Impressionism in art ( Courbet , Manet , Monet , Renoir ). By 1901, the population of Paris had grown to about 2,715,000. At the beginning of the century, artists from around

2407-611: The Pont des Arts . During the Restoration , the bridges and squares of Paris were returned to their pre-Revolution names; the July Revolution in 1830 (commemorated by the July Column on the Place de la Bastille ) brought to power a constitutional monarch, Louis Philippe I . The first railway line to Paris opened in 1837, beginning a new period of massive migration from the provinces to

2490-750: The Seine in the city centre has been classified as a UNESCO World Heritage Site since 1991. Paris is home to several United Nations organizations including UNESCO, as well as other international organizations such as the OECD , the OECD Development Centre , the International Bureau of Weights and Measures , the International Energy Agency , the International Federation for Human Rights , along with European bodies such as

2573-597: The Siege of Paris (885–886) , for which the then Count of Paris ( comte de Paris ), Odo of France , was elected king of West Francia . From the Capetian dynasty that began with the 987 election of Hugh Capet , Count of Paris and Duke of the Franks ( duc des Francs ), as king of a unified West Francia, Paris gradually became the largest and most prosperous city in France. By the end of

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2656-454: The arts and sciences and its early adaptation of extensive street lighting, it became known as the City of Light in the 19th century. The City of Paris is the centre of the Île-de-France region , or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or about 19% of the population of France. The Paris Region had a nominal GDP of €765 billion (US$ 1.064 trillion when adjusted for PPP ) in 2021,

2739-473: The Île Saint-Louis and the larger Île de la Cité , which form the oldest part of Paris. The river's mouth on the English Channel ( La Manche ) is about 233 mi (375 km) downstream from Paris. Paris is spread widely on both banks of the river. Overall, Paris is relatively flat, and the lowest point is 35 m (115 ft) above sea level . Paris has several prominent hills, the highest of which

2822-512: The 12th century, Paris had become the political, economic, religious, and cultural capital of France. The Palais de la Cité , the royal residence, was located at the western end of the Île de la Cité. In 1163, during the reign of Louis VII , Maurice de Sully , bishop of Paris, undertook the construction of the Notre Dame Cathedral at its eastern extremity. After the marshland between the river Seine and its slower 'dead arm' to its north

2905-426: The 15th to the early 20th century, European colonial powers dominated global commerce on an unprecedented scale, giving rise to maritime trade empires with their powerful colonial trade companies (e.g., Dutch East India Company and British East India Company ) and ushering in an unprecedented global exchange (see Columbian exchange ). In the 19th century, modern banking and related international markets along with

2988-499: The 1860 area of 78 km (30 sq mi), the city limits were expanded marginally to 86.9 km (33.6 sq mi) in the 1920s. In 1929, the Bois de Boulogne and Bois de Vincennes forest parks were annexed to the city, bringing its area to about 105 km (41 sq mi). The metropolitan area is 2,300 km (890 sq mi). Measured from the 'point zero' in front of its Notre-Dame cathedral , Paris by road

3071-704: The Frank , the first king of the Merovingian dynasty , made the city his capital from 508. As the Frankish domination of Gaul began, there was a gradual immigration by the Franks to Paris and the Parisian Francien dialects were born. Fortification of the Île de la Cité failed to avert sacking by Vikings in 845 , but Paris's strategic importance—with its bridges preventing ships from passing—was established by successful defence in

3154-601: The French police and gendarmes arrested 12,884 Jews, including 4,115 children, and confined them during five days at the Vel d'Hiv ( Vélodrome d'Hiver ), from which they were transported by train to the extermination camp at Auschwitz . None of the children came back. On 25 August 1944, the city was liberated by the French 2nd Armoured Division and the 4th Infantry Division of the United States Army . General Charles de Gaulle led

3237-660: The Louvre, in Paris, and at the Musée des Beaux-Arts , in Orléans. Perroneau, while in London (1761) testified twice at court during the famous trial of his painter friend, Theódore Gardelle, who had brutally killed and burned his landlady. Perronneau died in Amsterdam virtually unknown, according to his biographers. Paris Paris ( French pronunciation: [paʁi] )

3320-515: The Place Royale, now Place des Vosges . In spite of Henry IV's efforts to improve city circulation, the narrowness of Paris's streets was a contributing factor in his assassination near Les Halles marketplace in 1610. During the 17th century, Cardinal Richelieu , chief minister of Louis XIII , was determined to make Paris the most beautiful city in Europe. He built five new bridges, a new chapel for

3403-574: The Revolution, but after 1799 it surged with 160,000 new residents, reaching 660,000 by 1815. Napoleon replaced the elected government of Paris with a prefect that reported directly to him. He began erecting monuments to military glory, including the Arc de Triomphe , and improved the neglected infrastructure of the city with new fountains, the Canal de l'Ourcq , Père Lachaise Cemetery and the city's first metal bridge,

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3486-670: The Tuileries Palace. In 1793, as the revolution turned increasingly radical, the king, queen and mayor were beheaded by guillotine in the Reign of Terror , along with more than 16,000 others throughout France. The property of the aristocracy and the church was nationalised , and the city's churches were closed, sold or demolished. A succession of revolutionary factions ruled Paris until 9 November 1799 ( coup d'état du 18 brumaire ), when Napoleon Bonaparte seized power as First Consul. The population of Paris had dropped by 100,000 during

3569-460: The capital of France, was the most populous city of Europe. By comparison, London in 1300 had 80,000 inhabitants. By the early fourteenth century, so much filth had collected inside urban Europe that French and Italian cities were naming streets after human waste. In medieval Paris, several street names were inspired by merde , the French word for "shit". During the Hundred Years' War , Paris

3652-664: The centre stage of the French Revolution . On 14 July, a mob seized the arsenal at the Invalides , acquiring thousands of guns, with which it stormed the Bastille , a principal symbol of royal authority. The first independent Paris Commune , or city council, met in the Hôtel de Ville and elected a Mayor , the astronomer Jean Sylvain Bailly , on 15 July. Louis XVI and the royal family were brought to Paris and incarcerated in

3735-403: The city's subway system, the Paris Métro , serves 5.23   million passengers daily. It is the second-busiest metro system in Europe after the Moscow Metro . Gare du Nord is the 24th-busiest railway station in the world and the busiest outside Japan , with 262   million passengers in 2015. Paris has one of the most sustainable transportation systems and is one of only two cities in

3818-435: The city. In 1848, Louis-Philippe was overthrown by a popular uprising in the streets of Paris. His successor, Napoleon III , alongside the newly appointed prefect of the Seine, Georges-Eugène Haussmann , launched a huge public works project to build wide new boulevards, a new opera house, a central market, new aqueducts, sewers and parks, including the Bois de Boulogne and Bois de Vincennes . In 1860, Napoleon III annexed

3901-402: The curfew led to violent confrontations between the police and demonstrators, in which at least 40 people were killed. The anti-independence Organisation armée secrète (OAS) carried out a series of bombings in Paris throughout 1961 and 1962. In May 1968, protesting students occupied the Sorbonne and put up barricades in the Latin Quarter . Thousands of Parisian blue-collar workers joined

3984-564: The final consumer in smaller quantities. Trade between a country and the rest of the world is called foreign or international trade , which consists of import trade and export trade, both being wholesale in general. Commerce not only includes trade as defined above, but also the auxiliary services or aids to trade and means that facilitate such trade. Auxiliary services aid trade by providing services which such as transportation , communication , warehousing , insurance , banking , credit financing to companies, advertising , packaging , and

4067-443: The first Bishop of Paris: according to legend, when he refused to renounce his faith before the Roman occupiers, he was beheaded on the hill which became known as Mons Martyrum (Latin "Hill of Martyrs"), later " Montmartre ", from where he walked headless to the north of the city; the place where he fell and was buried became an important religious shrine, the Basilica of Saint-Denis , and many French kings are buried there. Clovis

4150-414: The first socialist mayor. He was re-elected in March 2008. In 2007, in an effort to reduce car traffic, he introduced the Vélib' , a system which rents bicycles. Bertrand Delanoë also transformed a section of the highway along the Left Bank of the Seine into an urban promenade and park, the Promenade des Berges de la Seine , which he inaugurated in June 2013. In 2007, President Nicolas Sarkozy launched

4233-441: The foreground, that is to say as pets. This is the case for Magdaleine Pinceloup de La Grange, for Mlle Huquier or for the Girl with a Cat (1745) from the National Gallery in London –undoubtedly one of her most famous works-. Several portraits of this artist can be found today in various museums or private collections in Europe and America. Although his work is particularly dispersed, the two most important public collections are at

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4316-453: The front line at the First Battle of the Marne . The city was also bombed by Zeppelins and shelled by German long-range guns . In the years after the war, known as Les Années Folles , Paris continued to be a mecca for writers, musicians and artists from around the world, including Ernest Hemingway , Igor Stravinsky , James Joyce , Josephine Baker , Eva Kotchever , Henry Miller , Anaïs Nin , Sidney Bechet and Salvador Dalí . In

4399-458: The grays of Pierre Bouguer, François-Hubert Drouais or Laurent Cars, the blue-grays of the Fillette au chat from the National Gallery in London. Georges Brunel notes that 'Perronneau's pastels always look somewhat unfinished, or weathered by time', and adds: 'Misleading impression, as it is probably a deliberate choice of style and technique. Above all, Perronneau seeks solidity and strength […]. Unusually for his time, Perronneau also depicts cats in

4482-399: The highest in the European Union. According to the Economist Intelligence Unit Worldwide Cost of Living Survey, in 2022, Paris was the city with the ninth-highest cost of living in the world. Paris is a major railway, highway, and air-transport hub served by two international airports: Charles de Gaulle Airport , the third-busiest airport in Europe , and Orly Airport . Opened in 1900,

4565-480: The improvement of transportation systems over time. In the Middle Ages, long-distance and large-scale commerce was still limited within continents. Banking systems developed in medieval Europe, facilitating financial transactions across national boundaries. Markets became a feature of town life, and were regulated by town authorities. With the advent of the age of exploration and oceangoing ships, commerce took an international, trans-continental stature. Currently

4648-413: The innermost three departments around Paris, airports and high-speed rail (TGV) stations, at an estimated cost of €35 billion. The system is scheduled to be completed by 2030. In January 2015, Al-Qaeda in the Arabian Peninsula claimed attacks across the Paris region. 1.5 million people marched in Paris in a show of solidarity against terrorism and in support of freedom of speech. In November of

4731-512: The late 12th century, Philip Augustus extended the Louvre fortress to defend the city against river invasions from the west, gave the city its first walls between 1190 and 1215, rebuilt its bridges to either side of its central island, and paved its main thoroughfares. In 1190, he transformed Paris's former cathedral school into a student-teacher corporation that would become the University of Paris and would draw students from all of Europe. With 200,000 inhabitants in 1328, Paris, then already

4814-512: The mid-20th century, the adoption of standardized shipping containers facilitated seamless and efficient intermodal freight transport , leading to a surge in international trade. By the century's end, developing countries saw their share in world trade rise from a quarter to a third. 21st century commerce is increasingly technology-driven (see e-commerce ), globalized , intricately regulated , ethically responsible and sustainability -focused, with multilateral economic integrations (like

4897-490: The modern city of Paris was first mentioned in the mid-1st century BC by Julius Caesar as Luteciam Parisiorum (' Lutetia of the Parisii ') and is later attested as Parision in the 5th century AD, then as Paris in 1265. During the Roman period, it was commonly known as Lutetia or Lutecia in Latin, and as Leukotekía in Greek, which is interpreted as either stemming from the Celtic root *lukot- ('mouse'), or from * luto- ('marsh, swamp'). The name Paris

4980-574: The movement and distribution of raw materials as well as finished or intermediate (but valuable) goods and services from the manufacturers to the end customers on a large scale. It is not concerned with the extraction of raw materials and the manufacturing of goods. Viewed in this way, commerce is a broader concept and an overall, all-encompassing aspect of business. Commerce provides the underlying large-scale transactional environment comprising all kinds of exchanges within which individual business organizations operate for generating profits. Commerce

5063-450: The new site of the Bibliothèque nationale de France (1996), the Arche de la Défense (1985–1989) in La Défense , as well as the Louvre Pyramid with its underground courtyard (1983–1989); Jacques Chirac (2006), the Musée du quai Branly . In the early 21st century, the population of Paris began to increase slowly again, as more young people moved into the city. It reached 2.25 million in 2011. In March 2001, Bertrand Delanoë became

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5146-420: The principal factors that give rise to commercial exchanges. Commerce consists of trade and aids to trade (i.e. auxiliary commercial services) taking place along the entire supply chain . Trade is the exchange of goods (including raw materials , intermediate and finished goods ) and services between buyers and sellers in return for an agreed-upon price at traditional (or online ) marketplaces . It

5229-442: The red clay of Roland Garros . Paris hosted the 1900 , the 1924 , and the 2024 Summer Olympics . The 1938 and 1998 FIFA World Cups , the 2019 FIFA Women's World Cup , the 2007 Rugby World Cup , as well as the 1960 , 1984 and 2016 UEFA European Championships were held in Paris. Every July, the Tour de France bicycle race finishes on the Avenue des Champs-Élysées in Paris. The ancient oppidum that corresponds to

5312-625: The reliability of international trans-oceanic shipping and mailing systems and the facility of the Internet has made commerce possible between cities, regions and countries situated anywhere in the world. In the 21st century, Internet-based electronic commerce (where financial information is transferred over Internet), and its subcategories such as wireless mobile commerce and social network -based social commerce have been and continue to get adopted widely. Legislative bodies and ministries or ministerial departments of commerce regulate, promote and manage domestic and foreign commercial activities within

5395-425: The same year, terrorist attacks , claimed by ISIL, killed 130 people and injured more than 350. On 22 April 2016, the Paris Agreement was signed by 196 nations of the United Nations Framework Convention on Climate Change in an aim to limit the effects of climate change below 2 °C. Paris is located in northern central France, in a north-bending arc of the river Seine , whose crest includes two islands,

5478-468: The services of commercial agents and agencies. In other words, commerce encompasses a wide array of political, economical, technological, logistical, legal, regulatory, social and cultural aspects of trade on a large scale. From a marketing perspective, commerce creates time and place utility by making goods and services available to the customers at the right place and at the right time by changing their location or placement. Described in this manner, trade

5561-470: The smooth, unhindered distribution and transfer of goods and services on a substantial scale and at the right time, place, quantity, quality and price through various channels from the original producers to the final consumers within local, regional, national or international economies. The diversity in the distribution of natural resources , differences of human needs and wants , and division of labour along with comparative advantage are

5644-510: The society while mitigating its drawbacks remains vital for policymakers , businesses and other stakeholders . Commerce traces its origins to ancient localized barter systems, leading to the establishment of periodic marketplaces, and culminating in the development of currencies for efficient trade. In medieval times, trade routes (like the Silk Road ) with pivotal commercial hubs (like Venice ) connected regions and continents, enabling long-distance trade and cultural exchange . From

5727-469: The students, and the movement grew into a two-week general strike. Supporters of the government won the June elections by a large majority. The May 1968 events in France resulted in the break-up of the University of Paris into 13 independent campuses. In 1975, the National Assembly changed the status of Paris to that of other French cities and, on 25 March 1977, Jacques Chirac became the first elected mayor of Paris since 1793. The Tour Maine-Montparnasse ,

5810-417: The surrounding towns and created eight new arrondissements, expanding Paris to its current limits. During the Franco-Prussian War (1870–1871), Paris was besieged by the Prussian Army . Following several months of blockade, hunger, and then bombardment by the Prussians, the city was forced to surrender on 28 January 1871. After seizing power in Paris on 28 March, a revolutionary government known as

5893-415: The tallest building in the city at 57 storeys and 210 m (689 ft) high, was built between 1969 and 1973. It was highly controversial, and it remains the only building in the centre of the city over 32 storeys high. The population of Paris dropped from 2,850,000 in 1954 to 2,152,000 in 1990, as middle-class families moved to the suburbs. A suburban railway network, the RER (Réseau Express Régional),

5976-529: The throne Henry IV , after converting to Catholicism to gain entry to the capital, entered the city in 1594 to claim the crown of France. This king made several improvements to the capital during his reign: he completed the construction of Paris's first uncovered, sidewalk-lined bridge, the Pont Neuf , built a Louvre extension connecting it to the Tuileries Palace , and created the first Paris residential square,

6059-1414: The umbrella of trade. On the other hand, auxiliary commercial activities (aids to trade) which can facilitate trade include commercial intermediaries , banking , credit financing and related services, transportation , packaging , warehousing , communication , advertising and insurance . Their purpose is to remove hindrances related to direct personal contact, payments , savings , funding , separation of place and time, product protection and preservation, knowledge and risk . The broader framework of commerce incorporates additional elements and factors such as laws and regulations (including intellectual property rights and antitrust laws ), policies , tariffs and trade barriers , consumers and consumer trends , producers and production strategies, supply chains and their management , financial transactions for ordinary and extraordinary business activities, market dynamics (including supply and demand ), technological innovation , competition and entrepreneurship , trade agreements , multinational corporations and small and medium-sized enterprisess (SMEs), and macroeconomic factors (like economic stability ). Commerce drives economic growth , development and prosperity , promotes regional and international interdependence , fosters cultural exchange , creates jobs , improves people's standard of living by giving them access to

6142-488: The world including Pablo Picasso , Modigliani , and Henri Matisse made Paris their home. It was the birthplace of Fauvism , Cubism and abstract art , and authors such as Marcel Proust were exploring new approaches to literature. During the First World War , Paris sometimes found itself on the front line; 600 to 1,000 Paris taxis played a small but highly important symbolic role in transporting 6,000 soldiers to

6225-708: The world that received the Sustainable Transport Award twice. Paris is known for its museums and architectural landmarks: the Louvre received 8.9   million visitors in 2023, on track for keeping its position as the most-visited art museum in the world. The Musée d'Orsay , Musée Marmottan Monet and Musée de l'Orangerie are noted for their collections of French Impressionist art. The Pompidou Centre , Musée National d'Art Moderne , Musée Rodin and Musée Picasso are noted for their collections of modern and contemporary art . The historical district along

6308-401: The year. Paris is known for intermittent, abrupt, heavy showers. The highest recorded temperature was 42.6 °C (108.7 °F), on 25 July 2019. The lowest was −23.9 °C (−11.0 °F), on 10 December 1879. For almost all of its long history, except for a few brief periods, Paris was governed directly by representatives of the king, emperor, or president of France. In 1974, Paris

6391-472: The years after the peace conference , the city was also home to growing numbers of students and activists from French colonies and other Asian and African countries, who later became leaders of their countries, such as Ho Chi Minh , Zhou Enlai and Léopold Sédar Senghor . On 14 June 1940, the German army marched into Paris, which had been declared an " open city ". On 16–17 July 1942, following German orders,

6474-703: Was built to complement the Métro; the Périphérique expressway encircling the city, was completed in 1973. Most of the postwar presidents of the Fifth Republic wanted to leave their own monuments in Paris; President Georges Pompidou started the Centre Georges Pompidou (1977), Valéry Giscard d'Estaing began the Musée d'Orsay (1986); President François Mitterrand had the Opéra Bastille built (1985–1989),

6557-519: Was filled in from around the 10th century, Paris's cultural centre began to move to the Right Bank. In 1137, a new city marketplace (today's Les Halles ) replaced the two smaller ones on the Île de la Cité and Place de Grève (Place de l'Hôtel de Ville) . The latter location housed the headquarters of Paris's river trade corporation, an organisation that later became, unofficially (although formally in later years), Paris's first municipal government. In

6640-650: Was granted municipal autonomy by the National Assembly. The first modern elected mayor of Paris was Jacques Chirac , elected March 1977, becoming the city's first mayor since 1871 and only the fourth since 1794. The current mayor is Anne Hidalgo , a socialist , first elected in April 2014 , and re-elected in June 2020 . Commerce Commerce is the large-scale organized system of activities, functions, procedures and institutions that directly or indirectly contribute to

6723-486: Was much in the shadow of the master of the French pastel portrait, Maurice Quentin de La Tour . In the Salon of 1750, Perronneau exhibited his pastel portrait of Maurice Quentin de la Tour, but found to his dismay that La Tour was exhibiting his own self-portrait, perhaps a malicious confrontation to demonstrate his superiority in the technique. He made his Salon debut with a pastel portrait in 1746 and received full membership in

6806-611: Was occupied by England-friendly Burgundian forces from 1418, before being occupied outright by the English when Henry V of England entered the French capital in 1420; in spite of a 1429 effort by Joan of Arc to liberate the city, it would remain under English occupation until 1436. In the late 16th-century French Wars of Religion , Paris was a stronghold of the Catholic League , the organisers of 24 August 1572 St. Bartholomew's Day massacre in which thousands of French Protestants were killed. The conflicts ended when pretender to

6889-542: Was originally called Lutetia (more fully, Lutetia Parisiorum , "Lutetia of the Parisii", modern French Lutèce ). It became a prosperous city with a forum, baths, temples, theatres, and an amphitheatre . By the end of the Western Roman Empire , the town was known as Parisius , a Latin name that would later become Paris in French. Christianity was introduced in the middle of the 3rd century AD by Saint Denis ,

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