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Consumer goods are goods that consumers buy to satisfy their needs. They include everything from food, clothing, and furniture to electronics and automobiles. Consumer goods are also known as retail products or mass-produced goods (or sometimes just commodities). They are usually sold in stores or through a market.
The primary role of the consumer is to use goods and services, fulfilling their needs and desires. Consumers are individuals or groups who purchase products to satisfy personal wants such as food, clothing, and technology.
A consumer is a person who consumes a product or service. The word consumer is often used interchangeably with the word customer. This is not entirely accurate. A customer is a person or organisation that purchases goods or services. They may or may not consume them.
Consumer goods, or final goods, are goods sold to consumers for their use or enjoyment. Consumer goods are classified as durable, nondurable, or service goods. Consumer goods are further categorized based on consumer behavior and are marketed by the type of good, such as a convenience product or a specialty item.
In an economy, a consumer buys goods or services primarily for consumption and not for resale or for commercial purposes. Consumers pay some amount of money (or equivalent) for goods or services.) then consume (use up).
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