Capital goods, like factories and machinery, are classified as intermediate goods.

Name: Capital goods, like factories and machinery, are classified as intermediate goods.
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Capital goods are classified as final goods, not intermediate goods, as they are used for the production of other goods and services, and not resold in their current form. Intermediate goods are goods that are used as inputs in the production of other goods, such as raw materials or partially finished goods.

Capital Goods, Like Factories and Machinery, Are Classified as Intermediate