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Consumer goods, or final goods, are goods sold to consumers for their use or enjoyment. Consumer goods are classified as durable, nondurable, or service goods.
The meaning of CONSUMER GOODS is goods that directly satisfy human wants. How to use consumer goods in a sentence.
Consumer Goods are products that people buy and don’t use to make other things that are then sold. We can also call them final goods because when somebody buys them, they have reached their final destination.
Consumer goods are products or services created to meet consumer needs. Learn about the three types of consumer goods and how these products differ from capital goods.
Consumer goods are products that are bought by the customer. They are tangible products at the end of the manufacturing cycle and include the items on the shelves. They are the end result of the long production and research process and are manufactured specifically to meet the convenience and supply demands of customers in the market.
The consumer goods sector is a category of stocks and companies that relate to items purchased by individuals and households rather than by manufacturers and industries. These companies make...
consumer goods. noun [ plural ] uk us (also consumer products); (also consumption goods) Add to word list. ECONOMICS, COMMERCE. products that people buy for their own use: Prices of consumer goods rose by 2.5% last year. consumer goods companies / markets. Compare.