Question

A machine that is used to sew shirts is called a _____ .

Answer 1

The correct answer is A. Capital Good.

Explanation

A capital good or production medium refers to tools that serve to create or manufacture other objects. Capital goods date back to the Industrial Revolution in Europe as people started to used steam or carbon machines to facilitate the work of manufacture and replace the handmade work which saved time and money. In the case of a machine that is used to sew shirts, it can be classified in capital good because is a machine that serves to do shirts in less time than a handmade way. So, the correct answer is A. Capital Good.

Answer 2

A machine that is used to sew shirts is called a Capital good Because it is used for businesses to produce more goods and products.