Widgets

Widgets refer to small, versatile objects or components that can serve various purposes, often in a business or economic context. They can represent generic products, tools, or items in discussions about manufacturing, design, or economics. For example, "selling widgets" might mean selling any type of product rather than a specific item. Widgets help people conceptualize abstract ideas in economics or to simplify discussions about supply and demand, production processes, or product development. The term highlights flexibility in categorizing items without getting bogged down in details.