Emily Ramos capital goods poster 1st period (examples (tools, machinery,…
Emily Ramos capital goods poster 1st period
what is a capital goods
resources that are used to produce other goods instead of being bought by costumers
a good is a object that people can touch or hold
how does it affect the economy?
capital goods leads to an increment of stranded of living.
businesses do not see an increment on immediate capital goods.
other names for capital goods are durable goods
capital goods are one of the four factors of production
capital goods are man made
also another name for capital goods are avalibal recources
producer goods are other names for capital goods
what do capital goods do to our world and how does it impact our life?
this is what capital goods does to our world and it makes our lifes easier.