What is the role of business in national development?

Businesses are
essential to a nation's development because:

1. They offer job
   opportunities to the citizens of that nation. This in turn helps the people to generate incomes
   and improve their living standards.
2. Businesses offer an opportunity to
   governments to generate revenues in order to run the country and administrative operations
   through the taxes they pay. This directly fosters development as these funds are channeled
   towards improving aspects such as security and infrastructure.
3. Businesses
   help different countries to foster cordial relations as seen through import and export business.
   Countries rely on each other for particular goods and this translates to improved
   relations.
4. is essential in national growth because it helps the countries
   to focus on improving the quality of their products and services. This benefits both the
   population in terms of superior offerings and the government in terms of improved
   revenues.

href="http://www.bdlive.co.za/indepth/ndp/2013/12/04/the-role-of-business-in-the-national-development-plan">http://www.bdlive.co.za/indepth/ndp/2013/12/04/the-role-o...
href="https://www.bis.org/review/r121022b.pdf">https://www.bis.org/review/r121022b.pdf