ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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False
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Ture
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Either A or B
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None of the above
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Detailed explanation-1: -Industrial machines are an example of capital goods.
Detailed explanation-2: -Capital goods are man-made, durable items that businesses use to produce goods and services. Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.
Detailed explanation-3: -Capital goods include buildings, machinery, equipment, vehicles, and tools. Capital goods are not finished goods, instead, they are used to make finished goods.
Detailed explanation-4: -On the other hand, manufacturing businesses are also more capital intensive than service businesses. An example of these items would be machinery, trucks, lifting systems, inventory transportation equipment or warehouse racks, among others.
Detailed explanation-5: -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