Answer:
Production of capital goods will generate future growth
Explanation:
Consumer goods are goods produced for consumption and cannot be used as inputs for the production of other consumer goods while capital goods are tangible assets such as plant and machinery which are used in the production of goods or services; and such goods and services still serve an input for the production of consumer goods.
Therefore, if a society decides to produce capital goods it will create economic growth because they are seen as economic capital. Countries usually pay attention to capital goods because they play a generating role in the improvement of the productive capacity of a country
A society’s who produce capital or consumer goods will experience future growth because its Gross Domestic Product will increase.
Consumer goods means the goods produced for consumption and cannot be used as inputs for the production of other consumer goods
Capital goods means the tangible assets such as plant and machinery that are used in the production of goods or services.
If a society decides to produce consumer or capital goods it will create economic growth because they are seen as economic capital.
In conclusion, the society’s decision to produce capital or consumer goods will result to future growth because its Gross Domestic Product will increase leading to strong economy.
Read more about GDP
brainly.com/question/1383956
