What is difference between consumer goods …

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Posted by Arya Dewangan 5 years, 7 months ago
- 2 answers
Yogita Ingle 5 years, 7 months ago
Consumer goods are purchased by the consumer for the satisfaction of their wants. They are the final users of food stuffs, dress material and other accessories. Final users of consumption goods are consumer households, general government or government welfare agency and non-governmental organisations.
Capital goods are purchased by the producers in the production process for several years and are of high value. These goods are fixed assets of the producers such as land, building and machineries.
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Bhawna Jareewal 5 years, 7 months ago
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