in Economics
3 views
2 Votes
2 Votes
Define the Capital Goods? Or, What is the Meant by Capital Goods?
in Economics
by
3.7k Points

1 Answer

2 Votes
2 Votes
 
Best Answer

Capital goods are those goods which are used in the process of production for several years and which are of high value. These goods are fixed assets of the producers. 

Use of these goods lead to Depreciation (loss of value of fixed assets when these are repeatedly used)

Example : Plant and Machinery.

Selected by
by
3.7k Points

Related Questions

2 Votes
2 Votes
1 Answer 6 Views
Vikas Asked in Economics Aug 2, 2021
6 views
Vikas Asked in Economics Aug 2, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
1 Answer 10 Views
2 Votes
2 Votes
1 Answer 7 Views
2 Votes
2 Votes
1 Answer 2 Views
2 Votes
2 Votes
0 Answers 2 Views
Vikas Asked in Economics Nov 19, 2021
2 views
Vikas Asked in Economics Nov 19, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
2 Answers 6 Views
Vikas Asked in Economics Nov 16, 2021
6 views
Vikas Asked in Economics Nov 16, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
1 Answer 5 Views
Vikas Asked in Economics Nov 7, 2021
5 views
Vikas Asked in Economics Nov 7, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 3 Views
Vikas Asked in Economics Nov 7, 2021
3 views
Vikas Asked in Economics Nov 7, 2021
by Vikas
3.7k Points
4 Votes
4 Votes
1 Answer 7 Views
Vikas Asked in Economics Oct 4, 2021
7 views
Vikas Asked in Economics Oct 4, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
0 Answers 9 Views
Vikas Asked in Economics Aug 21, 2021
9 views
Vikas Asked in Economics Aug 21, 2021
by Vikas
3.7k Points