goods(redirected from Good (economics and accounting))
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commoditiesany tangible economic products (cars, soap powders, tools, machines, etc.) that contribute directly (see FINAL PRODUCTS) or indirectly (see INTERMEDIATE PRODUCTS) to the satisfaction of human wants. CONSUMER GOODS and PRODUCERS’ GOOD are an important component of GROSS NATIONAL PRODUCT.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005