The term Goods is the plural of the word good; they refer to anything, tangible or intangible, that is useful to man and satisfies, directly or indirectly, some individual or collective desire or need, or that contributes to the well-being of individuals.
From an economic point of view, we would be talking about goods such as immaterial and material objects capable of having a value. And, legally, they are all those that deserve protection by law or legal system (life, health, family, property, etc.), susceptible to private appropriation.
There are different types of goods, which we can differentiate by criteria: according to their character or scarcity; there are free products (can be used free of charge, for example: air). and economic goods (can be transformed through human effort and work). The latter are the object of study of the Economy, and can be classified into complementary, substitute and autonomous goods.
By their nature, there are capital goods (they are used for the production of third parties, they do not satisfy the needs of the final consumer, for example: buildings, machines) and consumer goods (they satisfy the needs of the final consumer that are in good condition for be used or consumed without further elaboration); They can be durable (long-term) or non-durable (short-term) goods.
We also have, depending on their function, intermediate goods (which require subsequent processes before being sold to the consumer, for example: oil). And the final goods (they have the degree of completion necessary to deliver them to consumers, for example: cell phone, car) Finally, they are based on use or possession, which distinguishes between private goods (companies) and public goods (government).
Business
block chain
Inheritance
