What are called intermediate goods?
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Products that are made during a manufacturing process but that are also used in the production of other goods are called intermediate goods. Wood, steel, and sugar are all examples of intermediate goods.”
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An intermediate good is a product utilized to produce a final good or finished product. These goods are sold between industries for resale or for the production of other goods. One example of an intermediate good is salt, a product that is directly consumed and is also used to manufacture food products.
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