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What is the features of capital …

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What is the features of capital goods

Posted by Suruchi Kumari 5 years, 7 months ago

CBSE > Class 12 > Economics

2 answers

Sneha Manchanda 5 years, 7 months ago

The main features of capital goods are two : one is they are of high value and second is their life span is of several years. If one good has a long life span but is of relatively low value then it will not be consider as a capital good. Example plant and machinery are capital goods but the screw nuts are not capital goods because they have a long life span but are of low value.

Nikhil Dwivedi 5 years, 7 months ago

It is used in the production of other goods

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