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National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting2 Marks
Question
What are capital goods? How are they different from consumption goods?
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Answer

Capital goods' are those durable goods which are used for producing other goods whereas 'consumption goods', are those goods which are purchased or own produced, for the satisfaction of the wants of the consumers.
Example for capital goods: buildings, machines, equipment etc.
Example for consumption goods: A car purchased by a family etc.

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