Diclib.com
ChatGPT AI Dictionary

Dictionary Lookup Custom Solutions

Enter a word or phrase in any language 👆

Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

how the word is used
frequency of use
it is used more often in oral or written speech
word translation options
usage examples (several phrases with translation)
etymology

What (who) is consumer goods - definition

COMMODITY WHICH IS PRODUCED AND SUBSEQUENTLY CONSUMED BY THE CONSUMER

Consumer goods; Consumer good; Consumer Good; Consumption goods; Consumer Goods; Manufactured good; Consumer products; Manufactured product; Manufactured goods; Consumer product; Refined goods; Consumer Products; Articles of consumption; Final goods; Consumption good

consumer goods

Consumer goods are items bought by people for their own use, rather than by businesses. Compare capital goods
. (BUSINESS)

N-PLURAL

Final good

A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture it are intermediate goods.

https://en.wikipedia.org/wiki/Final_good

Consumer goods in the Soviet Union

OVERVIEW OF THE TOPIC

Consumer goods in the USSR; Consumer goods in the soviet union

Consumer goods in the Soviet Union were usually produced by a two-category industry. Group A was "heavy industry", which included all goods that serve as an input required for the production of some other, final good.

https://en.wikipedia.org/wiki/Consumer_goods_in_the_Soviet_Union

Wikipedia

Final good

A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods.

When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as services.

Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods.

https://en.wikipedia.org/wiki/Final good

Examples of use of consumer goods

1. Among consumer goods, automobiles, durable consumer goods and food products come first.

2. Eurostat said that in April intermediate goods gained 0.8 percent month–on–month, durable consumer goods 0.2 percent and capital and non–durable consumer goods 0.1 percent.

3. "The high growth rate, led by the consumer goods sector, has attracted other investors," said Marat Ibragimov, a retail and consumer goods analyst at UralSib brokerage in Moscow.

4. It said sales of digital consumer goods had been low.

5. Consumer goods manufacturers have also joined the race.