Topic Videos
Difference between Consumer and Capital Goods
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 17 Dec 2020
Capital goods are goods that are used to make consumer goods and services. Consumer goods and services are products which satisfy our needs and wants directly. This short revision video explains the difference with examples.
What are capital goods?
Capital goods are man-made goods used to supply other products such as technology (hardware) factories, plant and software.
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