What Are Capital Goods?

Описание: Today, we will talk about capital goods. Capital goods are tangible assets used to produce consumer goods or services. They differ from consumer goods and services, which are the end product of production and manufacturing. Capital goods include a wide range of tangible assets used to produce other goods for eventual sale to consumers, including items like machinery, equipment, and tools. It also covers a variety of products, from small wire harness assemblies to high-resolution digital imaging systems. Core capital goods exclude aircraft and military goods. Capital goods must be depreciated over their useful lives, and businesses invest in them to expand production and services for consumers.
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