manufactured goods - meaning and definition. What is manufactured goods
Diclib.com
ChatGPT AI Dictionary
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 manufactured 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
  • A microwave oven, c. 2005: an example of a final good or consumer 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.
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
Frequency: The word is one of the 1500 most common words in English.
1.
Goods are things that are made to be sold.
Money can be exchanged for goods or services.
...a wide range of consumer goods.
N-PLURAL
2.
Your goods are the things that you own and that can be moved.
All his worldly goods were packed into a neat checked carrier bag...
You can give your unwanted goods to charity.
N-PLURAL: usu poss adj N

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.

Examples of use of manufactured goods
1. Venezuela is the top market for Colombia‘s exported manufactured goods.
2. China is not just an enormous producer of manufactured goods.
3. Exports of manufactured goods increased 15.'1 percent in September, exceeding $6.5 billion.
4. Ivory Coast, Mauritius and South Africa export manufactured goods which encounter trade barriers in the West.
5. Finally, imports represent a growing share of Americans‘ consumption of manufactured goods.