It is always imperative for a country to enhance an environment for conduction of commercial and industrial activities. So as the country would be able to grow economically it must ensure that it facilitate a favorable environment that enhances the creation of more commercial centers and industries for food and goods production. Growth and development of a country are measured in term of commercial and industrial activities that it has and carries respectively. So that you can be able to place on a weighing scale the level of your country with others you need to make sure that you consider the commercial and industrial activities in a country. The more the commercial activities and industrial are available the more the country is wealth. Due to this it is essential for a country to engage in commercial and industrial activities. A country should factor following benefits that are availed by commercial and industrial firms.
Reduction of unemployment. It is vital for a country to consider reducing the number of individuals who are not working. When there are many industries in a country it is important because they hire people to work in this industries so that they can be able to operate effectively. Since more people are absorbed in this industries the number of unemployed is reduced.
Leads to improvement and development of a country. When there are more commercial activities taking place the government finds a chance to get more info. and taxes that it can use to promote and improve regions which are behind in technology. The state will have an easy time to determine the regions which require more resources for development when they accumulate more taxes due to the more commercial transaction taking place.
Also they improve the standard of living of an individual. Commercial activities and industrial process result to the generation of income for individual working on this firms. When you get this earning you can be able to change the lifestyle that you used to live since you have an extra amount that you can use. People are influenced by minor things and cope up easy with new ways so when there is new emergent and development of new structure people tend to emulate such structure development.
Commercial and industries are a source of government revenue. As the number of businesses and industries are more in a country it implies that the country would be able to generate more revenue. Government is able to generate revenue through regulation where it provides a fee that business or industry is supposed to pay to be given permission to offer its services. Due to this more revenue is generated as a result of many industries.
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