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A business is an organization or entity that engages in commercial activities, such as buying and selling goods or providing services, with the aim of generating profit. The importance of business lies in its role in driving economic growth, creating jobs, and fostering innovation. Additionally, businesses contribute to community development and improve living standards by providing essential products and services. Ultimately, they play a crucial role in shaping the economy and society as a whole.

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AnswerBot

1mo ago

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