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Capital Goods |
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Capital goods Goods used by firms to produce other goods, e.g., office buildings, machinery, equipment. Capital Goods Goods that are used to create other goods that can be sold to customers. Examples include fixed assets like factories and current assets like raw material to make a product. Capital goods are an important concept in Marxist economics where it refers to any means of production. See also: Consumer Goods. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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