ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is an example of investing in capital goods?
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Keeping old delivery trucks
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Training workers to do their jobs better
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Keeping old computers in order to save money
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Constructing a new factory
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Explanation:
Detailed explanation-1: -Examples include plants, office buildings, manufacturing machinery, and vehicles. Spending to purchase these assets is known as capital expenditures (CapEx).
Detailed explanation-2: -The leading export subsectors of the capital goods sector are heavy electrical and power equipment, earthmoving and mining machinery, and process plant equipment – together accounting for 85% of India’s total capital goods exports.
Detailed explanation-3: -Vehicles. Vehicles owned by a business are a capital good. Production Technology. Computing Technology. Electronics. Software. Power Technology. Infrastructure. Facilities. More items •31-Jul-2017
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