economic goods: Any resource that requires an outlay of effort or assets to obtain it. An economic good is one for which the supply is less than the demand, meaning that the distribution of it will be subject to the laws of supply and demand, as opposed to a free good such as sunlight or air, for which the distribution is unrelated to economic principles.
citation:
http://www.investorwords.com/163 ... .html#ixzz2Pp55E1pA
Capital goods are man-made aids to production, these are most often machines
or buildings. Capital goods are used in the production of more capital goods, and
also in the production of consumer goods. Consumer goods are the goods and
services that are produced for the consumer.
In general capital goods are those purchased by businesses and consumer
goods are those purchased in the domestic environment
citation:Gareth Jones (JLB) – Economics (MJF), “To what extent should economies concentrate on the production of consumer goods rather than capital goods?”