It is always important 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. The best way that a country is measured is through the commercial and industrial activities that it engages in. 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. When you factor a country with more commercial activities and many industries you will definitely know that it is a rich and wealthy country. For this reason commercial and industrial are vital for the growth of a country. A country should factor following benefits that are availed by commercial and industrial firms.
Reduction of unemployment. The number of people who are not employed are reduced. An industry cannot run alone without workers, therefore, it employs people to enhance its operation therefore when there are many firms in a country more people are absorbed in. There would be always a space for absorption of works in this industries to perform their work, therefore, the rate of unemployment will reduce.
Promotes the country’s growth and development. More commercial transaction taking place in a country result to the generation of more taxes that the government can use to distribute in parity regions so that they tend to improve. When there are more commercial activities and many industrial firms in a region this will aid the government on where it needs to distribute its resources so that there is a balance for these regions in a country.
Also they improve the standard of living of an individual. There is always a reward for people who are working on business and industrial organization for their hard work. It is vital for you to consider improving and changing your lifestyle since you have the necessary cash to do this services. As there is generation and emerging of industries in an area there would be an influence of the structural development and living standard of people in the area.
Moreover, acts as a source of government revenue. The more the businesses and industries are the create the more the government is able to generate more revenue. So that the industries and businesses would be able to carry out with their operation effective they need to make sure that they a legal permit for operation and provision of services to the public in acquiring this government must make sure that they charge a fee for this. For this reason the more the firms and business are available the more the revenue collection.