Consumer-goods
plural noun, Economics.
1.
goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production (contrasted with ).
plural noun
1.
goods that satisfy personal needs rather than those required for the production of other goods or services Compare capital goods
Goods, such as food and clothing, that satisfy human wants through their consumption or use. (Compare capital goods.)
Read Also:
- Consumerist
[kuh n-soo-mer-ist] /kənˈsu mər ɪst/ noun 1. Also called consumer advocate. a person who is dedicated to protecting and promoting the welfare and rights of . adjective 2. of or relating to interests or consumerism.
- Consumerize
[kuh n-soo-muh-rahyz] /kənˈsu məˌraɪz/ verb (used with object), consumerized, consumerizing. 1. to make (goods or a product) suitable or available for mass consumption: to consumerize computers by making them cheaper. 2. to encourage or foster the widespread consumption of (goods or a product).
- Consumerized
[kuh n-soo-muh-rahyz] /kənˈsu məˌraɪz/ verb (used with object), consumerized, consumerizing. 1. to make (goods or a product) suitable or available for mass consumption: to consumerize computers by making them cheaper. 2. to encourage or foster the widespread consumption of (goods or a product).
- Consumer-price-index
noun 1. an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period. Abbreviation: CPI. An index published by the government each month of prices for a representative sample of goods and services. The consumer price […]
- Consumer-product-safety-commission
noun, U.S. Government. 1. an independent regulatory agency, created in 1972, that protects the public against risk of injury from consumer products. Abbreviation: CPSC.