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KwickClips Employability Skills · 43 sec · free

Does a business help only its owner?

Short answer. No. It creates jobs, meets needs and pays taxes used for public works.

Give one Indian example.

Amul, which gave fair milk prices to lakhs of farmers.

How society gains

Create jobs
Meet people's needs
Develop small towns
Pay taxes for public use

Remember

Business and society grow together
Amul: fair prices for farmers

Does a business only help its owner? No. Four ways. They create jobs. They meet people's needs. They grow small towns. Their taxes build roads. Two points. Business and society grow together. Amul helped lakhs of farmers.

This clip is from the full lesson: Employability Skills III: Entrepreneurship and society — 5 minutes, with the tables, the quick answers and the whole lesson in text.

Useful for: CBSE Class 11 Information Technology (802)

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