Economy, asked by govindan1975, 7 months ago

what is consumer goods and capital goods????Explained​

Answers

Answered by shirishanaidu499
3

Answer:

Capital goods and consumer goods are classified based on how they are used. A capital good is any good used to help increase future production. Consumer goods are any goods used by consumers and have no future productive use. The same physical good could be a consumer good or a capital good.

Explanation:

Answered by kalpanasharma1988
1

Answer:

capital goods are goods used by one business to help another business produce consumer goods

Explanation:

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