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What is another word for capital goods?

Pronunciation: [kˈapɪtə͡l ɡˈʊdz] (IPA)

Capital goods refer to physical assets that are specifically used in the production of goods and services. These assets include machinery, equipment, and tools that help businesses create products and services more efficiently. Other synonyms for capital goods include fixed assets, plant and machinery, and investment goods. Fixed assets relate to long-term tangible assets that businesses own and use to generate income, such as buildings and land. Plant and machinery refer to equipment or tools used for manufacturing or production purposes. Investment goods, on the other hand, are goods used to boost productivity or efficiency, including technology and software solutions. Capital goods play a crucial role in the efficient operation of modern businesses and are essential for economic growth and development.
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What are the hypernyms for Capital goods?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Capital goods

  • The profit motive should not be confused with the profit system. By the profit system, of course, we mean the institution of private property in capital goods and the free private enterprise that goes along with it. There is no reason why the "profit motive" should be necessarily connected with the profit system. In a profit system there is nothing to prevent anyone acting on altruistic lines; there is no law that says a businessman must maximize his profits. If a businessman chose to operate with outputs, prices, and wages that yielded him a smaller profit than the maximum, but which he felt were socially more desirable, there is nothing in the profit system that would prevent him from doing this. Nothing in the profit system would prevent the most ardent liberal from refusing an increase in wages, or from accepting an unpleasant and poorly paid job. At the other extreme, there is nothing in a communist system that would do away with the profit motive, or the "advantage motive."
    Kenneth Boulding

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