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Write the difference between consumer goods …

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Write the difference between consumer goods and capital goods

    • Posted by Ankita Kumari 5 years, 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 5 years, 6 months ago

     Consumption goods  Capital goods
     Consumption goods are those goods which are directly used for satisfaction of human wants. These are not used in the production of other goods.Consumption goods are meant for final consumption as final goods. Capital goods are those goods which are used in the process of production for several years and are of higher value. These goods are fixed assets of the producers. Use of these goods leads to depreciation.
      Example: Bread and butter consumed by the consumers.    Example: Plant and machinery.

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