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Explain the difference between consumption goods and capital goods with examples?

Posted by Natasha Mishra 3 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Kadhiresan Muthukumar 3 years, 10 months ago

Consumption goods means the consuming goods for the farmers and the capital goods means the investment for the companies through asset and it's used for earning profits and example for consumption of the good are farmers consume Goods for the family and capital goods examples are owner invested money to started business

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