![What are Consumer Goods?](https://i.ytimg.com/vi/PNoI7D88MuM/hqdefault.jpg)
Content
The consumer goods They are merchandise (products), which are acquired in the market at a certain price, with the aim of satisfying a need. (Eg food, clothing, appliance, car, candy).
These goods are produced by the light industry and released to the market so that an agent can consume them, thus satisfying any need.
The consumer goods necessarily constitute the last link in the production chain, although it may be that at the same time they constitute the first: the abundant goods in nature, which still have a clear utility for human beings are examples of this, although most of them are also transformed into other products that are also, so they have a double character.
Other types of goods:
- Examples of free and economic goods
- Examples of Durable and Non-Durable Goods
- Examples of tangible and intangible assets
Both private agents and the state are interested in consumer goods. In the aggregate, consumption constitutes one of the fundamental components of the Gross Domestic Product, the most important macroeconomic variable of a nation.
On the other hand, the capital good, prepared by the heavy industry, is defined by taking a product (in some cases a raw material from nature, in other cases an intermediate good that is also elaborated) and transforming it into another with different characteristics, which is usually called a consumer good but may eventually be another good of capital, since obviously some productive process determines them.
As a component, the increased consumption It is a growth of the Product of a country, and therefore apparently positive news: however, being two components, consumption has a certain negative correlation with the investment, which is the engine of future growth.
Broadly speaking, it can be stated that the countries in which consumption has the greatest weight are those in which investment is the most withdrawn, and vice versa: countries with more vigorous growth, such as China, have somewhat reduced consumption and have a very high level of investment.
Examples of consumer goods
1. A bag of bread |
2. A television |
3. Bottled mineral water |
4. A wedding dress |
5. Book |
6. A cup |
7. A perfume |
8. A musical instrument |
9. A jewel |
10. Chocolate |
11. A home |
12. A hamburger |
13. A toy |
14. A car |
15. A package of cookies |
16. An exotic plant |
17. A light bulb |
18. A deck of cards |
19. A plane ticket |
20. Beauty products |
It can serve you: Examples of Capital Assets