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Capital Goods

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PPGPortal > Home > Concept Dictionary > B, C > Capital Goods
 

Capital Goods

Inputs to production that are themselves produced goods.

(Dwayne Benjamin, PPG 1002)

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Capital goods are machines of one sort or another. Tractors, computers and buildings are all examples of capital goods.

References

Definition prepared by students at the University of Toronto School of Public Policy and Governance and edited by Ben Eisen.

     

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© University of Toronto 2008
School of Public Policy and Governance