TERMIUM Plus®

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CURRENT CONSUMPTION GOOD [1 record]

Record 1 2015-03-02

English

Subject field(s)
  • Saving and Consumption
OBS

Figure 2-5 illustrates how an economy chooses between (1) current consumption goods and (2) capital goods (machines, etc.), which make possible more of both goods in the future.

OBS

How does capital grow within a country? By our diverting labor, land, machinery and other resources away from the production of current consumption goods.

French

Domaine(s)
  • Épargne et consommation

Spanish

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