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CramPuppy - Free Revision Notes » Igcse » Economics » Capital goods

Capital goods

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Do not satisfy our NEEDS directly, but help in the production of other goods and services

-          Capital goods are man-made

-          Spending on the production of capital or producer goods is called investment

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by: Admin
Total views: 1282
Word Count: 183
Date: Sun, 21 May 2006 Time: 12:00 AM
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