English, asked by Vimpy, 1 year ago

asl class 11 business world

Answers

Answered by Sak16
1
Businesses make up a significant portion of a country's economy. They help people live the lives they want to live and encourage productivity that leads to huge profits and growing revenues.
Economic growth in modern times is crucial element part of global developement. Even small businesses can impact how people spend their hard earned money. Businesses thrive when they are able to provide a product people want. It offers a number of elements highly important to a country's economy such as employement, productivity and a form of financial security.
But when a bussiness underperforms or does not meet the expectations of the market, this is the time when the country gets affected. When people lose their jobs they are not able to buy what they want. So, an underperforming business may not hire more people, or give raises to their employess, or do better for the marketplace.
When multiple businesses are hit, its like sending a ripple effect across the country. When jobs are lost and stocks tumble, it may be a sign that things are changing.

Economies are built on strong businesses with profitable ideas, products and services and it helps people to do better for themselves. They make significant contributions that help stability and growth of a country's economy for generations to come.
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