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Novay_Z [31]
3 years ago
6

Is the business organization or labor force more important for the strength of the economy?

Geography
2 answers:
aalyn [17]3 years ago
6 0

<u>Answer:</u>

The labor force is more important for the economy.

<u>Explanation:</u>

  • Though business organizations form an integral part of the economy, their existence is not mandatory as long as every individual labor bears the ability to work on his own.
  • This is because the individuals working separately can also run the economy efficiently without the need of a business organization.
  • A business organization merely pools the labor under one roof and combines together the services that the labors can offer in order to fetch larger benefits.
Rudiy273 years ago
5 0

Answer:

The labor force is more important for the strength of the economy.

Explanation:

Having a labor force helps keep unemployment low.

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