Which term refers to goods made by people and used to produce other goods and services (also called intermediate goods)?

• A. Consumer Goods
• B. Final Goods
• C. Capital Resources
• D. Intermediate Goods

Answer: (C)

Capital resources refer to goods produced to be used in making other goods and services. They include durable inputs like machinery, factories, and tools that enable production over time rather than being consumed in a single use. This is why they’re described as goods used to produce other goods and services and are often grouped with intermediate inputs. Consumer goods are finished products for personal use, final goods are ready-for-consumption items, and intermediate goods are inputs in the production of final goods—capital resources are a specific, durable subset of these inputs used to drive production.