The importance of business can't be over emphasise, naturally I think it will be really hard for the world to survive without business,the world has been doing business right from the time of our forefathers, they carry out transactions by the system of business called trade by barter. In this type business you have to exchange what you have for what you don't have, this form of trade took place for several years but today we don't longer trade or do business in this way, basicaly the modern way of doing business is all about you exchanging money to get what you want, this method of business proves to be more effective and easier that the trade by barter system.
WHY IS BUSINESS SO IMPORTANT TO THE WORLD
Business is a core part of life , it keeps the world moving in various ways, first we all know that no man is an island so we definitely can't provide or get all that we want ourselves without interacting with other ways of life which is the business part, business has brought about the unification of countries around the world, through business countries tends buy what they don't have or can't produce themselves from other countries and in the process brings about cooperation and mutual existence between too countries.
Business helps people to know the various ways and cultures of people around the world, it brings more awareness and open new ways to people around the world, apart from this, business is the way the world is been enriched both financially and economically, this is because the excess of doing business is to make profit and this can make an individual or a country very wealthy.
Doing business is not just all about using money to get want you although money is very crucial in business but sometime it might not necessarily have to involve money, it could just be even selling ideas, new technology and so many other things in exchange for something of value. Not everyone is good at doing business, even countries around the world are not always on the same level of doing business, one might be better than the others and the better ones always have an edge in making more profits.
Business has elevated people giving jobs to alot of people indirectly helping to reduce crime and other forms of irresponsibility, when people don't have job they might find themselves commiting one crime or the other, but doing business has actually help to reduce the crime rate around the world as it tends to help keep a lot of people busy.
So now looking at the world as a whole would it have been possible for the world to survive without business,would the world be fun than it is now without business, will there be proper interaction among people and countries without business, would there be a more convenient ways move cash from one place to another without business, well I am very sure we can see how business has help to shape the world in various ways. In my own opinion I don't think the world can not function well without business.