Consumer Goods: Commodity which is produced and subsequently consumed by the consumer

Consumer goods, which are also called final goods, are goods that are put on the market for the fulfillment of wants or needs.

Examples for consumer goods might be food or a home appliance. Consumer goods are often subdivided into convenience goods (for example soap, or shampoo), and shopping goods (which usually are more expensive, and often last longer).

Consumer Goods: Commodity which is produced and subsequently consumed by the consumer
Different shampoos in a supermarket are consumer goods

Consumer goods fulfill the wants of people

Tags:

FoodGood (economics)Home applianceMarketNeedShampooSoapWant

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