something which may be used to create goods or services
capital
capital
capital
money is used for buying and selling goods, services and repayment of debts HI
factors of production
The definition of capital goods are the goods that are used for production purposes. They create goods and services that can be used by consumers.
capital
capital
capital
capital
capital
capital
money is used for buying and selling goods, services and repayment of debts HI
factors of production
They used the barter system by trading goods and services for other goods and services.
it is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
Intermediate goods are used in the production of final goods. They consist of the materials used to create the final product.