Why do we need to study history?

As students, why do we really need to study history? Is it because we want to know

what happened from the past? In the business world, history is very important. As a student,
knowing and understanding the history of the company you intend to join is critical. As a result,
we will be able to determine how well a company is performing in the industry. We can also
learn about the company's problems and propose solutions to them.

They said It’s easy to open a business but it’s an art to keep it open . We all know
that business is an enterprise that provides goods or services desired by the consumer. If you
are going to enter a business like Cryptocurrency, it is also important to know the history of
increase and decrease in value in the market, like Crypto, one of the largest online platforms
that has made its own history in the world. As entrepreneurs, we should only know that most
long-term assets are recorded on a company's balance sheet at their historical cost. We must
also study the changes that are taking place around the world in order to keep up with the
modern world.
This is just one of the reasons why we should study history and its relevance in the
business world. Learning history is not difficult if you persevere and make an effort.