Business Terms and Jargon Explained

What is Consumption Goods

These are goods and services that are used for personal use. E.g., you buy a car for personal use. but if you buy 1000 car to sell to the public or businesses them they are not consumption goods. It is goods and services for the end user who will utilise them.

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Term created / updated 2005-10-07 17:25:11

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