Capital goods refers to goods which

Options

A. serve as a source of raising further capital
B. help in the further production of goods
C. directly go into the satisfaction of human wants
D. find multiple uses

Answer

B

Explanation

Capital goods are goods that are used in producing other goods, rather than being bought by consumers. They are tangible assets such as buildings, machinery, equipment, vehicles and tools that an organization uses to produce goods or services in order to produce consumer goods and goods for other businesses.