ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Capital goods are the assets used by companies and manufacturers in the process of production. Capital stock, on the other hand, refers to the total physical capital available in a company (in the form of plant, property, equipment, machinery, etc.).

Detailed explanation-2: -Capital goods are man-made, durable items used by businesses to produce goods and services. They include tools, buildings, vehicles, machinery, and equipment.

Detailed explanation-3: -Capital goods are called tangible assets because they are physical in nature. Capital goods are assets that companies use to produce products that other businesses can use to create finished goods.

Detailed explanation-4: -Capital goods are the assets used by businesses in the course of producing their products and services, and can include buildings, machinery, tools and equipment.

Detailed explanation-5: -Definitions and Types of Capital Equipment For equipment to be considered capital equipment, it must meet the following criteria: The acquisition cost or value must equal or exceed $5, 000. The useful life must be more than one year. It must be a tangible item that is stand-alone and moveable.