40 Examples of Durable and Non-Durable Goods - encyclopedia

Video: Difference Between Durable goods and Non Durable Goods

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How long do the goods last?
Examples of durable goods
Examples of non-durable goods

A good is a tangible or intangible object produced in order to satisfy a need or desire and that has a certain economic value.

The economy classifies these goods in different categories. One of the most comprehensive is the division between capital goods (those used in the production of other goods) and consumer goods (whose destination is solely to satisfy the needs of users or consumers). The latter can be classified according to the time of use given to them in:

Durable consumer goods. They are those goods whose use occurs over an extended period of time and are used on a large number of occasions. They have a useful life greater than three years. Its cost is higher than that of non-durable consumer goods. For example: a motorcycle, an air conditioner.
Non-durable consumer goods. They are those goods that are consumed in a short term and used fewer times (some are only used once). Its cost is lower than that of durable consumer goods. For example: a candy, a pencil.

How long do the goods last?

The advancement of technology in the last century led to the emergence of more advanced products, appliances, automobiles and electronic devices with better and more functionalities. Globalization allows these products to reach different parts of the globe in record time.

The constant updating and improvement of these products means that the goods last less and less time in the hands of a consumer.

This is due, on the one hand, to programmed obsolescence, that is, the useful life with which certain devices and household appliances are programmed that give the product an expiration date planned by the manufacturer. What makes, after that time, the device begins to fail. In many cases, it is cheaper and easier to buy a new product than to repair the damaged one.

In addition, shortly after the launch of a new device, it is obsolete for the market, due to the imminent launch of the new version.

For its part, fast fashion encourages the production of garments made on a large scale, with cheap supplies and labor. Which turns many garments into non-durable goods.