Question

Many capital goods will be used to produce the XXXXX book and distribute it to the school bookstore for purchase. List five of them and for each state the kind of capital (physical, human, social, etc.).

Answer 1

Capital goods are fixed or tangible physical assets that a company uses in the production process to manufacture products and services fixed or tangible.

Five capital goods used to produce the XXXXX book and distribute it to the bookstore will be:

1. Plants as Raw material –Physical Capital
2. Money – Physical Capital
2. Knowledge and enterprise – Human Capital
3. Machinery – Physical Capital
4. Advertisement – Social Capital
5. Transport - Physical Capital