goods

Goods are tangible items that are produced, bought, and sold to satisfy people's needs and desires. They include physical products like food, clothing, electronics, and vehicles. Goods can be categorized as consumer goods, intended for personal use, or capital goods, used to produce other products. Their value is determined by factors such as production cost, demand, and quality. In economic terms, goods are a fundamental part of commerce and trade, providing the physical means for individuals and businesses to fulfill their requirements and wants.