It is always important for a country to enhance an environment for conduction of commercial and industrial activities. Economic growth in a country is essential so that a country would be able to grow in this section it must ensure that it offers an effective environment that promotes the development of more business centers and industries. 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. Therefore commercial and industrial are crucial in a country to develop and grow. It is clear for a country that it would be able to enjoy following essential when there are more commercial and industrial activities.
It reduces the number of people who are unemployed. It is vital for a country to consider reducing the number of individuals who are not working. 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.
Boost 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. Government is able to distribute its resources effectively to enhance equitable development by conducting an analysis that would be able to determine the regions with more industries and commercial activities.
More it enhances improvement of living standard. As a worker, you would be able to receive an income when you work in industries or commercial businesses. 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. 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. Due to this more revenue is generated as a result of many industries.