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  • Capital Goods Vs Consumer Goods

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    judybarbar8
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    The document discusses capital goods and consumer goods. It provides a table identifying producers and the capital goods they use to produce products. It also includes a table to identify goods as capital goods, consumer goods, or neither. Capital goods are goods used in the production of other goods or services, while consumer goods are final goods purchased by individuals for personal use or consumption.

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    Capital Goods Vs Consumer Goods (2)

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    The document discusses capital goods and consumer goods. It provides a table identifying producers and the capital goods they use to produce products. It also includes a table to identify goods as capital goods, consumer goods, or neither. Capital goods are goods used in the production of other goods or services, while consumer goods are final goods purchased by individuals for personal use or consumption.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views2 pages

    Capital Goods Vs Consumer Goods

    Uploaded by

    judybarbar8
    The document discusses capital goods and consumer goods. It provides a table identifying producers and the capital goods they use to produce products. It also includes a table to identify goods as capital goods, consumer goods, or neither. Capital goods are goods used in the production of other goods or services, while consumer goods are final goods purchased by individuals for personal use or consumption.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    The basic economic problem

    WORKSHEET

    Identifying Capital Goods and Consumer Goods

    1. Complete the table below.

    Producer What is a Capital Goods they What is the product they


    use? produce?

    Gardener Fertilizer Crops

    Painter Paint Paintings

    Baker Flour Bread/pastries

    Taxi driver Car Taxi service

    Doctors Medical tools Medical service

    2. Put an X in the right column to identify the good as a consumer good, capital good or
    none of the two.

    Good Capital Good Consumer Good None of the two

    Delivery Truck
    ❌

    Oven used by a bakery ❌


    Car used by a teacher ❌
    to commute to school

    Transportation ❌
    Hair dryer used at ❌
    home

    Scissors of a barber ❌
    Computer in a game ❌
    center

    Joan’s phone ❌
    Healthcare ❌
    Airplane ❌

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