what are goods
Economic
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Answer:
things that are for sale
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In economic terms, goods refer to products.
Explanation:
- Goods can be defined as the final products made after a series of manufacturing processes. Examples of goods can be books, pens, bread, etc.
- Goods are the end items that can be directly consumed by the end-users without any moderation.
- Providing goods and services are also the main aim of any business organization.
- In economics, goods are the major source of earning profit and returns on investment.
- Goods have value and are produced as per the demands of the customers.
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