Tuesday, June 14, 2016

Why is business so important to a country's development?

can be a
way for a country to generate revenue through taxing business activities.This revenue can be
used towards the country's infrastructure or social programs.Business can also employ millions
within the country and provide people a way to support themselves.Business also provides a way
for a country to tap its natural resources for economic gain.

Business can
also hurt a nation.Without regulation, business can lead to a growing rift between the rich and
the poor; sometimes, these rifts can lead to political turmoil.Business can also lead to poor
management of a nation's resources.This can lead to pollution which makes the country harmful to
everyone.Business can also lead to corruption such as when business leaders take control of the
government and use the government to support their business's needs at the expense of the
people.

Business can be a driving economic factor within a country; yet, it
can also lead to a country's constant instability.

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