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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.

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Nona Bogan

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3y ago

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Related Questions

What is a example of capital goods?

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What are some examples of capital goods used in the manufacturing industry?

Examples of capital goods used in the manufacturing industry include machinery, equipment, tools, vehicles, and technology such as robotics and computer systems. These items are essential for producing goods and services on a large scale.


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A business owner purchases a new building in a prime location.


What are the two types of government spending?

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Is computer is capital goods?

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This is equipment and factories used in the production of goods and services?

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Which of the following statements is TRUE about capital goods?

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