Practicing Success
Practicing Success
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What do you mean by "Capital goods" ? |
Goods which are used by public sector. Goods which are used to further produce goods for consumption. Goods which have low shelf life and are of perishable nature Goods which are further processed in order to become marketable. |
Goods which are used to further produce goods for consumption. |
Capital goods are those goods which are used in the production of other goods which are to be made for the end users. For example: Machinery used for making a sanitary napkin would be considered as a capital good where as the sanitary napkin in itself would be a consumer good. |
