consumer good

consumer good
Goods that consumers or end-users buy; contrast with goods that are sold to businesses.

At a shopping mall, one can purchase consumer goods.


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  • consumer good — ▪ economics       in economics, any tangible commodity produced and subsequently purchased to satisfy the current wants and perceived needs of the buyer (consumption). Consumer goods are divided into three categories: durable goods, nondurable… …   Universalium

  • consumer good — product intended to be purchased by consumers …   English contemporary dictionary

  • consumer credit — credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods. [1925 30] * * * Short and intermediate term loans used to finance the purchase of commodities or services for personal… …   Universalium

  • Consumer theory — is a theory of microeconomics that relates preferences to consumer demand curves. The link between personal preferences, consumption, and the demand curve is one of the most complex relations in economics. Implicitly, economists assume that… …   Wikipedia

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  • CONSUMER PROTECTION — is a new area of law; hence, the term does not appear in classical sources of Jewish law. The meaning of the concept is implied in the term itself: our generation is one of abundance, with great demands, numerous consumers, and extensive… …   Encyclopedia of Judaism

  • Consumer Reports — cover dated November 2005 Editorial Director Kevin McKean Categories Consumer advocacy Frequency Monthly …   Wikipedia

  • Consumer spending — or consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. There are two variants of consumption in the aggregate demand model,… …   Wikipedia

  • Consumer ethnocentrism — is derived from the more general psychological concept of ethnocentrism. Basically, ethnocentric individuals tend to view their group as superior to others. As such, they view other groups from the perspective of their own, and reject those that… …   Wikipedia

  • good — 1 adj bet·ter, best 1: commercially sound or reliable a good risk 2 a: valid or effectual under the law b: free of defects 3 a: characterized by honesty and fairness b: conforming to a standard of vi …   Law dictionary

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