Question

a major segment of the business markets are
a)individuals
b)house wives
c)schools
d)government

Answer 1

Hi, here is your answer with some explanation

A major segment of the business market is the government.

My argument has been that when you look at it critically, You find that  government owns as many resources as possible.

These resources are geared to facilitate them with capital to engage in diverse business activities.

Again you find that the government has taken an initiative of being involved in diverse business activities. These activities it involves in both economic and non economic business activities.

Therefore we can summarize that non economic business activities are those that are not income generating at all but they are useful as a public utility to the citizens. for example roads, schools and hospitals.

Answer 2

Major segments of the business markets are government as the number of resources owned by the government is large.

Explanation:

• The government spends the majority of capital in huge sectors like industries, and in extracting a large number of resources that require huge capital.
• The economic activities are generated based on these economic activities which help in further generating income for more economic activities and employment opportunities.
• Some activities do not generate income like schools, hospital but they are essential for the development of people.

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