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Why business is important?

Updated: 9/13/2023
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13y ago

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Yes, business is important because businesses provide goods, services, and jobs. Without businesses, every family would have to be experts at all facets of life: cooking, mechanical work, farming, surgery, computer manufacturing, video production, ect. Life would not be practical. In conclusion, the importance of businesses in our economy is that that allow specialization of labor. Because business "IS" the economy. Whithout business, there is no economy.Thus, the importance.

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13y ago
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13y ago

A business is important because how else would the economy be ran?. it is very important because there are many factors that make it important such as the economy

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