Capital goods

From ACT Wiki
Revision as of 22:52, 21 October 2019 by imported>Doug Williamson (Create page. Source: Economics help https://www.economicshelp.org/blog/glossary/capital-goods/)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Economics.

Capital goods are things that have been created to help in the production process, like machinery, factories and transport facilities.

Capital goods are used to create other goods and services, rather than being directly consumed themselves.


See also