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.

Explanation:

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Answer 2

Explanation:

Consumer Goods:-

• They are used by the consumers.
• They have no future productive use.
• Example:- Appliances, Clothes and automobiles and so on.

Capital Goods:-

• They are used by one business consumer to help another business consumer.
• They have future productive use.
• They include buildings , tools and machineries etc....