What are physical assets and capital goods?

Date:2023-01-09
Physical assets are tangible items, such as land, buildings, machinery, vehicles, and equipment that have monetary value and are used in the production of goods or services. These assets are typically owned by a company and can be used to generate income. Capital goods are the manufactured goods used to produce goods and services that are typically long-term assets. Examples include industrial machinery, office furniture, computers, and vehicles. Capital goods are usually more expensive than physical assets, and unlike physical assets, capital goods usually lose value when used up.
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