Meaning of capital good | Babel Free

Definitions

A durable item that is used in the production of other goods or services.

in-plural

Equivalents

Examples

“Some of the products of the economy are capital goods. For simplicity and as an aid to intuition, I assume that capital goods and consumption goods do not overlap: the m consumption goods are useless as means of production, and the n capital goods yield no direct utility.”

CEFR level