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What is the main purpose of the Department of Commerce?

The Department of Commerces mission is to create the conditions for economic growth and opportunity for all communities. Through its 13 bureaus, the Department works to drive U.S. economic competitiveness, strengthen domestic industry, and spur the growth of quality jobs in all communities across the country.

What is the main purpose of commerce?

Commerce, on a fundamental level, helps people satisfy wants and needs. It is a key factor in aiding the development of nations because of how much it can help create wealth for a nation. Because commerce seeks to fulfill the wants and needs of the people, it can lead to a higher standard of living.

What is the purpose of the commerce?

Department of Commerce(DOC) federal executive division responsible for programs and policies relating to international trade, national economic growth, and technological advancement.

What does the Commerce Department deal with?

The Department of Commerce (DOC) works with businesses, universities, communities, and the Nations workers to promote job creation, economic growth, sustainable development, and improved standards of living for Americans.

What is the role of the Department of Commerce?

The Department of Commerce promotes job creation and economic growth by ensuring fair trade, providing the data necessary to support commerce and constitutional democracy, and fostering innovation by setting standards and conducting foundational research and development.

What does the US Department of Commerce control?

The U.S. Department of Commerces Bureau of Industry and Security (BIS) administers U.S. laws, regulations and policies governing the export and reexport of commodities, software, and technology (collectively items) falling under the jurisdiction of the Export Administration Regulations (EAR).

What do you mean by Department of Commerce?

Bureaus and offices Bureau of Economic Analysis (BEA) Bureau of Industry and Security (BIS) U.S. Census Bureau. Economic Development Administration (EDA) Office of the Under Secretary for Economic Affairs (OUS/EA) International Trade Administration (ITA) Minority Business Development Agency (MBDA) Bureaus and offices - U.S. Department of Commerce commerce.gov bureaus-and-offices commerce.gov bureaus-and-offices

What power does the Department of Commerce have?

The Department of Commerce (DOC) has a broad mandate to promote economic growth and foster job creation for the American people. It has cross-cutting responsibilities in the areas of trade, technology, entrepreneurship, economic development, environmental stewardship, and statistical research and analysis.

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