Machines,tools,buildings and other means of manufacturing are called:
A)machinery.
B)equipment.
C)capital goods.
D)labour.

Question

Quizplus · Accepted Answer

Capital goods refers to the physical assets used in the production of goods or services, such as machinery, tools, and buildings. Option A (Machinery) and option B (Equipment) are similar and can also be used to describe these physical assets, but they are not as comprehensive as the term "capital goods." Option D (Labour) refers to human effort and is not a physical asset.

Machines,tools,buildings and Other Means of Manufacturing Are Called