Question

Distinguish between consumer goods and capital goods.

Answer 1

Answer:

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.

Answer 2

Answer:

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 ,appliance, clothing and automobile.

Explanation:

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