Definitions for consumer goods
con·sumer goods

Princeton's WordNetRate this definition:0.0 / 0 votes

1. consumer goodsnoun

   goods (as food or clothing) intended for direct use or consumption

WikipediaRate this definition:0.0 / 0 votes

1. consumer goods

   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.

ChatGPTRate this definition:0.0 / 0 votes

1. consumer goods

   Consumer goods are products bought for consumption by the average consumer. These are the final goods that are directly used by consumers to satisfy their immediate wants or long-term needs. Examples include food, clothing, cars, furniture, electronics, etc. They can be further categorized into durable goods, non-durable goods, and services.

Matched Categories

1. • Commodity

How to pronounce consumer goods?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say consumer goods in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of consumer goods in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of consumer goods in Pythagorean Numerology is: 6

Examples of consumer goods in a Sentence

1. Aditya Bhave:

   For previous rounds of tariffs, there was clearly an attempt to stay away from consumer goods, now they're running out of non-consumer goods.

2. Brett Stevens:

   TerraCycle's mission is to eliminate the idea of waste by collecting and recycling traditionally non-recyclable materials, anytime we can team up with a retailer or consumer goods company to drive awareness around the fact that these everyday items can see another life, we are happy to be involved.

3. Ryan Sweet:

   Manufacturing is clearly weathering this wave of confirmed COVID-19 cases better than occurred earlier this year, manufacturers are busy, as there is a need to rebuild inventories and demand for consumer goods remains strong, for now.

4. Paul Hodges:

   Demographics drive demand, older people have less need for houses, cars and consumer goods and have to make do on lower incomes as they move on to pension age, slowing the wheels of the economy.

5. Mehrdad Emadi:

   The subsequent rush of Western businesses to enter the Iranian market informed Iranian consumers that soon there will be alternative supplies of consumer goods priced more competitively and with a substantially higher quality and post-sale services.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=consumer goods
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Consumer_Goods
3. ^ ChatGPT
   https://chat.openai.com