Which not a product of consumers goods industry paper or tactors
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Answer:
tractor
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Tractor is not a consumer goods.
Explanation:
- Paper is the consumer goods.
- Tractor is the capital goods.
- Tractor have a durable character, it is also a durable good.
- Examples of capital goods are tools, plants, implements, building, plants, etc.
- Examples of consumer goods are food, clothing, automobiles and appliances.
- Consumer goods have no future use.
- Capital goods are used longterm process.
- Capital goods are used by business to produce consumer goods.
- Capital goods are basic or raw materials, it is used to further production process.
To Learn More...
1.What makes a consumer good or a producer good? Give at least two examples each of consumer goods and producer goods from your daily life
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2.Why is butter a consumer good? Explain in brief.
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