The businesses and not for profit organizations help create the goods and services on the basis of our standard of our living.
Explanation:
Businesses play an important role in regulating our life by offering jobs, and goods and services to society. Quality of life means helping the educational institutions, health departments, sanitation etc.
Not for profit is an organization that continues to live to carryout targets other than making a business profit. Not all organizations live for profit some believe in helping needy. Charities like habitat for humanity, American cancer society, etc. are part of not for profit organizations. Last 20 years, not for profit organizations, employees and volunteers have rapidly increased.