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CAN THE WORLD SURVIVE WITHOUT BUSINESS?

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@brainstommer
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The world is full of so many activities which help in giving life to the world.business has been in existence for a very long time, business activities has a very big impact in any country as it forms a chain that links the world together.

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Honestly speaking no country is self sufficient no matter how big or rich the country is ,it will definitely need other countries for continuous survival.despite how big and strong American is,they still depend on other countries to meet their needs,this is to tell you that no country is an island.

Most of the relationship that happens between two or more countries is as a result of business connection.when you view the world from the economic aspect you will understand that their is need for countries to carry business.business is not just carried out by individuals alone even the government itself is heavily involved in business and it is from international business that they transacted with other countries is what is refered to as international trade.

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Usually business is carried on daily basis as the demand for some products are very high,take for instance on the aspect of food production,the industry involved in the production of food must be in constant supply or production of food because everybody consumes food on daily basis.some of the food been produced could be transported to other countries if they are large or commercial production.

Business is very important to every country because it's through business that the government of any country is able to generate revenue which is mostly through tax.Virtually all business owners pay tax being it a small scale business,medium scale business or large scale business must all pay taxes.

Business has also serve as an important source of employment to many citizen of all the countries in the world.this has actually help to reduce the dependence of the citizens on the government.

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It is through the money generated from taxes that the government take care of other important things needed to foster the growth of any country.both the taxes collected and the business that took place internationally are used in paying workers salaries, building infrastructures and so many other things.

Every government of any country has a particular business they do with other countries to generate revenue internationally,some countries such as USA,china, Japan Korea and so on so forth all sell technology.for instance,south Africa has a telecommunication business in Nigeria which is serving as an international investment for the south African government.the same thing is applicable to other countries too.one important information people need to know is that business forms the economic chain that link the whole world together which has help to foster cooperation among so many countries

It is obvious that the world can't survive without business as it forms the hub on which all countries survives.if business seize to exist,it might be very hard for the world to survive.