Business is what sustains an economy. Without an economy of any kind, there would be no wealth exchange. That is to say, in a sense, without business, You cannot buy goods or services of any kind, and must create anything that you use. Life may be manageable without the ability to gain or lose something you cannot create. But it would be much more difficult.
SOURCE: http://wiki.answers.com/Q/What_is_the_importance_of_business_in_life
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