Consumer goods are for sale as is to the public. Industrial goods require finishing.
Household consumer vs Industrial consumer
consumer goods are commodities which satisfy wants directly
For industrial goods new technology and robotsfor consumer goods Electronic equipment, watches, small appliances and calculators
For industrial goods new technology and robotsfor consumer goods Electronic equipment, watches, small appliances and calculators
Consumer goods are the items that people buy to use at home. The items you would buy at the grocery store for everyday living would be considered consumer goods. Industrial goods are the items that companies buy in order to use them to create new products that may or may not become consumer goods when finished and mass produced.
Consumer Products: Products bought from retail stores for personal, family, or household use. Industrial products: Products companies purchase to make other products, which they then sell. Resource: "http://www.answers.com/topic/consumer-and-industrial-goodshttp://www.answers.com/topic/consumer-and-industrial-goods"
For industrial goods new technology and robotsfor consumer goods Electronic equipment, watches, small appliances and calculators
Consumer goods are sold directly to consumers and industrial goods are sold to industries. Examples: An industrial good is a part for a car that is manufactured by one company and sold to another that assembles the car. A consumer good is the finished car.
No
The industrial revolution created three types needs and desires namely,consumer goods, appliances, and jobs.
Consumer goods are products purchased by individuals for personal use, such as clothing or electronics, while capital goods are items used by businesses to produce other goods or services, like machinery or equipment. The distinction between these two types of goods is important because consumer goods drive demand and consumption in the economy, while capital goods contribute to the production and efficiency of businesses. The balance between consumer and capital goods can impact economic growth, productivity, and overall prosperity.
Capital goods are used by businesses to produce other goods and services, while consumer goods are purchased by individuals for personal use. Capital goods have a direct impact on the economy by increasing productivity and efficiency, leading to economic growth. Consumer goods, on the other hand, drive market demand and can indicate the overall health of the economy based on consumer spending patterns.