Answer:
a city, state, or nations social progress needs the right business environment
Explanation:
Social and economic progress can go hand by hand.
A set of conditions is necessary for social progress to take place:
The importance of a right business environment lies in that, capital, investment, leaders, and strong global networking will create both a social and good economic growth. Usually, the demands of business and social progress will play along if ethical business practices are played, so that there is a direct return on society and the taking care of environment makes the economic activity sustained over generations.
On the same time, the role of institutions is to seek a social agenda, that enables goverment , banks and citizens to build trust in their community and work in coordination with the business and economic sectors that take place in that area.
