ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Industrial machines are an example of capital goods.

Detailed explanation-2: -Capital goods are physical assets that a company uses in the process to manufacture products and services that consumers will later use. Capital goods include fixed assets, such as buildings, machinery, equipment, vehicles, and tools.

Detailed explanation-3: -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-4: -A capital asset is property that is expected to generate value over a long period of time. Capital assets form the productive base of an organization. Examples of capital assets are buildings, computer equipment, machinery, and vehicles.

Detailed explanation-5: -Capital goods are mostly fixed assets that are purchased by the producer in order to produce consumer goods. Examples: Buildings, equipment, machinery, furniture, and more.