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Capital goods, are goods used in production. Consumer goods are for the final consumer, as a person. For example, a machine that makes pins is a capital good, because a pin factory will buy it. But pins is a consumer good, because a person will buy it. A combine harvester is a capital good, but the bread is a consumer good.

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Q: What is the difference between capital and consumer goods?
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What is the difference between a consumer good and a capital good?

Capital goods are goods used by one business to help another business produce consumer goods. Consumer goods are used by consumers and have no future productive use. Capital goods include items like buildings, machinery, and tools. Examples of consumer goods include food, appliances, clothing, and automobiles.


Graph showing Difference between capital goods and consumer goods?

It is a curve going from up on the left till down on the right as a quarter of a circle


Difference between consumer goods and consumer product?

Both are same. They are, 1.Convenience goods 2.Unsought-ed goods 3.shopping goods 4.Specialty goods


The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain?

AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).


The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain.?

AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).


Which of the following statements is TRUE about capital goods?

Capital goods are bigger and more expensive than consumer goods.


Difference between basic goods capital goods intermediate goods and consumer goods?

Basic goods is anything tangible, i.e. not services. Capital goods have value retention as assets, e.g. a building used for offices. Intermediate goods are objects used in the production of a final good, whether its the label on a can of paint sold in a store or the sign of an arrow pointing to the Restrooms in a building. Consumer goods are those that end up being consumed, like an ice cream sundae or a slingshot. bicycle


Consumer goods can never be considered capital goods.?

FALSE a+ users


Can consumer goods never be considered capital goods?

FALSE a+ users


Consumer goods can never be considered capital goods?

FALSE a+ users


What is the difference between a trader and a consumer?

A trader is someone who purchases or sells, voluntarily swap of goods and services. A consumer is a person, organisation or a business that buys goods and services.


Does the us produce more consumer goods or more capital goods?

Capital goods, are goods used in production. Consumer goods are for the final consumer, as a person. For example, a machine that makes pins is a capital good, because a pin factory will buy it. But pins is a consumer good, because a person will buy it. A combine harvester is a capital good, but the bread is a consumer good.