Practicing Success
What does the term "capital goods industry" refer to? |
Industries that produce raw materials for export Industries that produce machine tools which in turn are used for producing articles for current consumption. Industries that produce luxury goods for the upper class Industries that focus on machine-intensive manufacturing processes |
Industries that produce machine tools which in turn are used for producing articles for current consumption. |
Capital goods industry means industries which can produce machine tools which are, in turn, used for producing articles for current consumption. |