What are Capital Goods?

Capital Goods break very easily.

• True

• False

Tags

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

Which of these refers to wealth or money?

• Capital

• Capital Goods

Capital Goods do not help deliver services to people.

• True

• False

In the window cleaning business, ladders, sponges, and buckets are considered what?

• Capital Goods

• Capital

• Inventory

• Cost of Goods Sold

Consumer Goods do not help us to make other things or deliver services.

• True

• False

These things do not help us make other things or deliver services.  We do not buy and then sell them.

• Consumer Goods

• Capital Goods

• Capital

• Inventory

Whish of the following would NOT be an example of a Capital Good?

• A Corvette

• Wood Elementary

• The London Bridge

• chocolate cake

What are the 3 primary factors of production?

• Capital Goods; Land; Labor

• Entrepreneurship; Labor; Landslide

• Trees, Water, Sunlight

• Capital; Entrepreneurship; Labor

Capital Goods are the same as Intermediate Goods.

• True

• False

The key idea for intermediate goods is what?

• They are components or ingredients in the final product.

• They are a product that does not make the final product possible.

• They are the primary equipment that is used in making the product.