Скачать или смотреть Consumer goods and capital goods | final goods| industrial goods | producer goods | Indian economy |

Consumer goods and capital goods | final goods| industrial goods | producer goods | Indian economy |

What is consumer good?
A final goods or consumer goods is a commodity that is used by the consumer to satisfy current wants or needs, unlike intermediate goods which is utilized to produce other goods. A microwave oven or a bicycle is a final good, whereas the parts purchased to manufacture it are intermediate goods.

What is capital good?
Capital goods are any tangible asset used by one business to produce goods or services that then become an input for other businesses to produce consumer goods. They are also known as intermediate goods, durable goods or economic capital.

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