Question

1. What is the Importance of Finance in a Business?

2. What is the impact of Business in our economy?

Answer 1

1) Finance is very important in a business as to meet the expenses from manufacturing a product to solding it capital is required. without finance one cannot run a business . even a small scale business requires some finance.

2) Business has a great impact in our economy. it increases the overall economy and contributes somewhere between 70 to 72% to the GDP.