Question

Give examples of intermediate goods?​

Answer 1

Answer:

“Products that are made during a manufacturing process but that are also used in the production of other goods. Wood, steel, and sugar are all examples of intermediate goods.”

Explanation:

Answer 2

Answer!!

The goods that are used either for further production of goods in the same year or for resale are known as intermediate goods.

Examples:-

→ When a mobile dealer purchases mobile set, that's an intermediate good as it is purchased for resale.

→ Chalks, dusters, etc. purchased by a school are intermediate goods because these are used up completely during the same year.

→ Raw material or non-factor inputs purchased for producing goods are intermediate goods.

→ Paper purchased by a publisher for the production of books in the same year.