Consumer Goods Vs Capital Goods

Consumption goods: Goods which are consumed by the ultimate consumers or meet the immediate need of the consumer are called consumption goods. It may include services as well.

Capital goods: Goods which are bought not for meeting immediate need of the consumer but for producing other goods.

Durable Vs Non-Durable Goods:

Consumer durables Consumption goods which do not get exhausted immediately but last over a period of time are consumer durables.