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Difference between consumption goods and capital …

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Difference between consumption goods and capital goods

    • Posted by Kaur Prabjyot 6 years, 2 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Arti Aryal 6 years, 2 months ago

    Consumption goods are those goods which directly used by the consumer to satisfy his wants like- water for drinking. Capital goods are those goods which is used by the producer units like- plant & machinery .

    0Thank You

    Yogita Ingle 6 years, 2 months ago

    <div> <th>Basis for Comparison</th> <th>Consumer Goods</th> <th>Capital Goods</th>
    Meaning Goods that are used by the end user for consumption is called consumer goods. Goods that are deployed to produce consumer goods is called capital goods.
    Marketing Business to Consumer Business to Business
    Purpose Bought for personal consumption. Bought for making other products.
    Buyer Consumer Manufacturers
    Demand High Comparatively less
    Price determination By suppliers By companies
    </div>

    0Thank You

    Aayushi Narang 6 years, 2 months ago

    Consumption goods are those goods which are made up for consume by consumers like bread milk etc Capital goods are those goods which are made up for further production like machinery etc.

    0Thank You

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