The process of producing and accumulating capital goods is called
A) money capital.
B) depreciation.
C) investment.
D) consumption.

Question

Quizplus · Accepted Answer

Investment refers to the process of producing and accumulating capital goods, such as machinery, equipment, buildings, and infrastructure, that are used to produce consumer goods and services. This process involves allocating resources towards the production of long-term assets that can generate income and profits over time. Money capital refers to the financial resources that are used to invest in capital goods, while depreciation refers to the decline in value of capital goods over time due to wear and tear or obsolescence. Consumption, on the other hand, refers to the use of goods and services for personal satisfaction or satisfaction of wants.

The Process of Producing and Accumulating Capital Goods Is Called