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What is the importance of the role of business in social development?​

Sagot :

Answer:

Business plays a vital role in the economic development and wealth of a country. Success in business translates to the economic well-being of a company and its residents through job creation and offering improved quality of life for the country's citizens.

Explanation:

Business is extremely important to a country's economy because businesses provide both goods and services and jobs. ... Businesses are also the means by which many people get their jobs. Businesses create job opportunities because they need people to produce and sell their goods and services to consumers.