No products in the cart.

What is difference between consumer goods …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is difference between consumer goods and capital goods?
  • 2 answers

Bhawna Jareewal 5 years, 7 months ago

Consumer goods are goods which are consumed by consumers for their satisfaction eg- pen , biscuit ,etc whereas capital goods are used producers to produce consumer goods for eg - land , building, raw material

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. 

https://examin8.com Test

Related Questions

Explain the limitation of GDP as wellfare
  • 1 answers
What is receipt?
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
Trends in credit availability
  • 0 answers
Economics project on function of RBI
  • 0 answers
What is deficit ?
  • 1 answers
Two types of marke diagram and explanation
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App