Goods produced for the purpose of producing other goods are known as

Name: Goods produced for the purpose of producing other goods are known as
Brand: Quizplus
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Quizplus · Accepted Answer

Goods produced for the purpose of producing other goods are known as investment goods or capital goods. They are used by businesses to produce other goods and services, rather than being used directly by consumers. Examples include machinery, equipment, and factories.

Goods Produced for the Purpose of Producing Other Goods Are