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Explain all machines are not capital …

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Explain all machines are not capital goods

Posted by Aakarshit Sanmotra 6 years, 7 months ago

CBSE > Class 12 > Economics

2 answers

Paavak Bansal 6 years, 6 months ago

All machines are not capital goods . the machines which are used by production sector and are involved in production activity are called capital goods.the machines for eg car if used by household sector will not be a capital good as it is a house hold good because it is not involved in production activity.so,all machines are not capital goods

Praduman Joshi 6 years, 7 months ago

Some of them are non capital goods aka inventory

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