page_title: Goods
hierarchical_section_title: Goods
caption_attribution_description: Mediq Sverige Kungsbacka warehouse
context_page_description: In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.
  A good may be a consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it. In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, almost anything owned or used on a daily basis that is not food related.
  A consumer good or "final good" is any item that is ultimately consumed, rather than used in the production of another good. For example, a microwave oven or a bicycle that is sold to a consumer is a final good or consumer good, but the components that are sold to be used in those goods are intermediate goods. For example, textiles or transistors can be used to make some further goods.
context_section_description: In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable. 
  A good may be a consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it. In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them. Private goods are things owned by people, such as televisions, living room furniture, wallets, cellular telephones, almost anything owned or used on a daily basis that is not food related. 
  A consumer good or "final good" is any item that is ultimately consumed, rather than used in the production of another good. For example, a microwave oven or a bicycle that is sold to a consumer is a final good or consumer good, but the components that are sold to be used in those goods are intermediate goods. For example, textiles or transistors can be used to make some further goods.
  Commercial goods are construed as tangible products that are manufactured and then made available for supply to be used in an industry of commerce. Commercial goods could be tractors, commercial vehicles, mobile structures, airplanes and even roofing materials. Commercial and personal goods as categories are very broad and cover almost everything a person sees from the time they wake up in their home, on their commute to work to their arrival at the workplace.
  Commodities may be used as a synonym for economic goods but often refer to marketable raw materials and primary products.
  Although common goods are tangible, certain classes of goods, such as information, only take intangible forms. For example, among other goods an apple is a tangible object, while news belongs to an intangible class of goods and can be perceived only by means of an instrument such as print or television.
caption: Tangible goods stacked in a warehouse
exif: {"Image Make": "Apple", "Image Model": "iPhone 4", "Image Orientation": "Horizontal (normal)", "Image XResolution": "72", "Image YResolution": "72", "Image ResolutionUnit": "Pixels/Inch", "Image Software": "4.3.5", "Image DateTime": "2011:08:03 14:56:50", "Image YCbCrPositioning": "Centered", "Image ExifOffset": "204", "GPS GPSLatitudeRef": "N", "GPS GPSLatitude": "[57, 3767/100, 0]", "GPS GPSLongitudeRef": "E", "GPS GPSLongitude": "[12, 112/25, 0]", "GPS GPSTimeStamp": "[14, 17, 4800]", "GPS GPSImgDirectionRef": "T", "GPS GPSImgDirection": "9233/277", "Image GPSInfo": "574", "EXIF ExposureTime": "1/15", "EXIF FNumber": "14/5", "EXIF ExposureProgram": "Program Normal", "EXIF ISOSpeedRatings": "125", "EXIF ExifVersion": "0221", "EXIF DateTimeOriginal": "2011:08:03 14:56:50", "EXIF DateTimeDigitized": "2011:08:03 14:56:50", "EXIF ComponentsConfiguration": "Y", "EXIF ShutterSpeedValue": "4889/1250", "EXIF ApertureValue": "4281/1441", "EXIF MeteringMode": "Pattern", "EXIF Flash": "Flash did not fire, auto mode", "EXIF FocalLength": "77/20", "EXIF SubjectArea": "[1295, 967, 699, 696]", "EXIF FlashPixVersion": "0100", "EXIF ColorSpace": "sRGB", "EXIF ExifImageWidth": "2592", "EXIF ExifImageLength": "1936", "EXIF SensingMethod": "One-chip color area", "EXIF ExposureMode": "Auto Exposure", "EXIF WhiteBalance": "Auto", "EXIF SceneCaptureType": "Standard", "EXIF Sharpness": "Hard"}