it was a great day until a little girl had to do a story board for her homework. Buthow was this bad, well she didnt know how to do one so she asked her mom to help her.
The first question is: How does capital goods impact a countries GDP?
what is the first question fro your homework?
capital goods are any goods or equipment used by a business to produce other goods
next question is what do businesses do for capital goods
businesses invest money in capital goods to make the quality of the goods better and faster
what are some examples of capital goods?
some examples of capital goods are: tools, equipment, factories, technology, computers, lumber, machinery, etc.
A GDP is the total value of all goods and services produced in that country in one year; it measures how rich or poor a country is. so how does a GDP effect capital goods. Think about this : if factories make goods faster , the goods can sell faster and people get money faster that would add to theirs country GDP
last question is what is a GDP and how does this impact capital goods?