QuestionAugust 3, 2025

The process by which capital goods are accumulated is known as investment. True False

The process by which capital goods are accumulated is known as investment. True False
The process by which capital goods are accumulated is known as investment.
True
False

Solution
4.2(356 votes)

Answer

True Explanation 1. Define Investment Investment refers to the allocation of resources, usually financial, towards the acquisition or creation of capital goods. 2. Relate Investment to Capital Goods Capital goods are assets used in the production of goods and services. Accumulating these goods is a form of investment.

Explanation

1. Define Investment<br /> Investment refers to the allocation of resources, usually financial, towards the acquisition or creation of capital goods.<br />2. Relate Investment to Capital Goods<br /> Capital goods are assets used in the production of goods and services. Accumulating these goods is a form of investment.
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