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Commerce · Q324

Economics

Graduate and Post Graduate · Commerce · question 324

Q324

Lesser production of ____ would lead to lesser production in future.

A.
Public goods
B.
Consumer goods
C.
Capital goods
Answer
D.
Agricultural goods

Answer: Option C

Solution

Answer: Option C
Solution:
Lesser production of Capital goods would lead to lesser production in future. Production of both capital and consumer goods is essential for the economy. Capital goods (like plant and machinery) are needed for further production and future growth. Consumer goods are needed for present consumption.