Any 3 difference between intermediate goods and final goods
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1) cotton intermediate goods and clothes are final goods 2) wood is intermediate and the things which made up of wood is final goods 3) iron is intermediate and the things which made up of iron like machines are final goods ..... I hope it helps you friend ✌️✌️
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- ᴛʜᴇsᴇ ᴀʀᴇ ᴛʜᴏsᴇ ɢᴏᴏᴅs ᴡʜɪᴄʜ ᴀʀᴇ sᴏʟᴅ ʙʏ ᴏɴᴇ ғɪʀᴍ ᴛᴏ ᴀɴᴏᴛʜᴇʀ ᴇɪᴛʜᴇʀ ғᴏʀ ʀᴇsᴀʟᴇ ᴏʀ ғᴏʀ ғᴜʀᴛʜᴇʀ ᴘʀᴏᴄᴇssɪɴɢ.
- ғɪɴᴀʟ ɢᴏᴏᴅ ᴀʀᴇ ᴛʜᴏsᴇ ɢᴏᴏᴅs ᴡʜɪᴄʜ ʜᴀᴠᴇ ᴄʀᴏssᴇᴅ ᴛʜᴇ ʙᴏᴜɴᴅᴀʀʏ ʟɪɴᴇ ᴜᴘ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴀɴᴅ ʀᴇᴀᴅʏ ғᴏʀ ᴜsᴇ ʙʏ ᴛʜᴇ ғɪɴᴀʟ ᴜsᴇʀs. ᴄʟᴏᴛʜ, ᴄᴏᴏʟᴇʀs ᴀɴᴅ ʀᴇғʀɪɢᴇʀᴀᴛᴏʀs ᴀʀᴇ ᴇxᴀᴍᴘʟᴇ ᴏғ ғɪɴᴀʟ ɢᴏᴏᴅs.
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- イhe goods which ɑre used either for finɑl consumption or for cɑpitɑl formɑtion.
- イhe vɑlue of finɑl goods is included in the nɑtionɑl income.
- ᴛᴇʟᴇᴠɪsɪᴏɴ, ʙʀᴇᴀᴅ ᴏʀ ʙᴀᴋᴇʀʏ ᴘʀᴏᴅᴜᴄᴛs, ᴇᴛᴄ.
- イhe goods which ɑre used up in producing the finɑl goods ɑnd services.
- イhe vɑlue of intermediɑte goods is not included in the nɑtionɑl income.
- ғʟᴏᴜʀ, ᴄᴏᴛᴛᴏɴ, ᴇᴛᴄ.
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