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Q: Are capital goods are the tools machinery and buildings used to make other products?
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Which factor of production includes such things as machinery and buildings used in the production of other goods?

capital


What is a example of capital goods?

Capital goods are used to produce consumer goods. They are tangible assets used by an organization for this purpose. Examples include manufacturing equipment, machinery, and buildings.


What are two examples of capital goods?

Capital goods are used to produce consumer goods. They are tangible assets used by an organization for this purpose. Examples include manufacturing equipment, machinery, and buildings.


Items such as machinery buildings and other goods that are designed to increase the production potential of the economy are classified into which of these categories?

fixed capital


What are capital reasources?

Resources used to produce goods. Things like tools, machinery, factory buildings, et cetera.


What Items such as machinery buildings and other goods that are designed to increase the production potential of the economy are classified into which of these categories?

Fixed capital


Form of capital resources?

Capital resources are items made and used to make other goods and services. The basic categories of capital resources are tools, equipment, buildings and machinery.


What are capitalized goods?

CAPITAL GOODS include machinery and tools which are used to produce other products for consumption.They are also refferd as 'means of production' or producers' goods!Capital goods are used to produce other goods and services more efficiently


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.


money buildings and equipment are the kinds of resource?

Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services. The items the people in Communityville produced are called capital resources.


What are the trades of US Canada and Mexico?

In general terms:Canada: manufactured goods, industrial machinery, agricultural products and some fuels such as crude petroleum and natural gas.United States: capital goods, industrial supplies, consumer goods, agricultural products.Mexico: manufactured goods, oil and oil products, raw materials, agricultural products.


Is an oven a capital resources?

Yes? Capital resources refers to machinery and also producing goods.