Final answer:
Businesses serve the function of allowing individuals to specialize in a set of skills and trade their expertise for goods and services. This specialization and trade system is fundamental to a strong economy. The implementation of businesses in tech education also addresses the digital divide and can lead to national economic benefits.
Step-by-step explanation:
The concept proposed is a business that connects students who have competent computer skills with those who require assistance, demonstrating the principle of specialization in an economy.
This idea illustrates that just as individuals do not need to understand the intricacies of electronics to enjoy music or comprehend artificial fibers to wear a jacket, they can focus on learning a specialized skill set that is marketable. The marketplace then allows them to exchange their expertise for monetary compensation, which they can use to acquire various goods and services they need or want. The modern economy thrives on this system of specialization and trade, which has been essential in developing strong economic structures.
Addressing the digital divide, initiatives like providing computers at low or no cost, and education programs by organizations such as Code.org are effectively increasing the diversity in computing fields.
When businesses innovate to produce better or less expensive products, not only do the consumers benefit but also the businesses which can realize increased profits and, as a consequence, the employees could earn higher incomes. This system generally leads to national gains that outweigh the losses, illustrating the multifaceted reasons why businesses are needed beyond the simplicistic view of solely making money.