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Meaning of capital goods

 

 

 

Capital goods

 

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Business glossary

 

Meaning of term capital goods :

 

Capital is one of the four factors of production (an input into the production process) and refers to man made resources. Capital goods are therefore goods that are used in the production of other goods and services i.e. machines, buildings and other plant and equipment.

 

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Capital goods

 

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Meaning of term capital goods

 

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