Consumer Goods Vs Capital Goods

Consumer Goods Vs Capital Goods

Consumer Goods Vs Capital Goods

oboloo’s Glossary

Consumer goods are the end products that individuals and households purchase for personal consumption, typically in retail stores. These include food, clothing, appliances, electronics, and furniture. On the other hand, capital goods are tangible items such as equipment, tools, and buildings that businesses use to produce consumer goods. Capital goods are not sold directly to consumers but instead are used in the production of other goods and services. Examples include machinery, computers, office furniture, and industrial plants. They’re intended to last longer than consumer goods and can be reused or repurposed multiple times before they reach the end of their useful life.