The Consumer Goods was created in 2006.
The industrial revolution created three types needs and desires namely,consumer goods, appliances, and jobs.
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
consumer goods are commodities which satisfy wants directly
Consumer goods are market ready goods, producer goods are the input materials needed to manufacture consumer goods.
Consumer goods are for sale as is to the public. Industrial goods require finishing.
Wage-goods are consumer goods. "Consumer goods are final goods specifically intended for the mass market. For instance, consumer goods do not include investment assets, like precious antiques, even though these antiques are final goods."
Consumer Goods: whatever the things used or consumed by human is called consumer goods Durable goods: The goods which can be used for more than 3 years or which cannot be destroyed by one use is called Durable goods
Household consumer vs Industrial consumer
For industrial goods new technology and robotsfor consumer goods Electronic equipment, watches, small appliances and calculators
Consumer/Non -Cyclical
Both are same. They are, 1.Convenience goods 2.Unsought-ed goods 3.shopping goods 4.Specialty goods
outline main determinants of demand for consumer goods?