How do bussinesses contribute to economic development while promoting social responsibility at the same time?​

Sagot :

Answer:

By solving world-class problems.

Explanation:

The products they create are bought by the public hence the economic development due to the need/appeal of their product. Most big companies promote their social responsibility by making products out of problems.

ex. Billionaire Elon Musk creates a Reusable Rocket in his company Spacex

ecomomic development: Cuts costs of materials to create another rocket. and boosts capital from investors because of this innovation that cuts costs, more "environmentally" friendly, and allows further space research.

social responsibility: lessens the costs for manufacturing another rocket which lessens the use of gas and other energies.

hope it helps