What is more important in the Business World: Experience or a Degree? What if you had to choose one over the other. Which would it be?

nowadays, experience is more essential when looking for jobs. if people tend to observe employees; they dont even match their degrees. ive known people who have bachelor's degrees or even master's degrees who are working in a restaurant. 

Both are important. Degree helps to acquire a good job & Experience retain you on that post/job.