Home > Terms > English, UK (UE) > Good

Good

A product that can be produced, bought, and sold, and that has a physical identity. Sometimes said, inaccurately, to be anything that "can be dropped on your foot" or, also inaccurately, to be "visible. " Contrasts with service. Trade in goods is much easier to measure than trade in services, and thus much more thoroughly documented and analyzed.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Natural environment Category: Climate change

Earth Hour

Originated in Sydney in 2007, Earth Hour is a global event held annually on the last Saturday of March to raise awareness of the need to protect the ...

Contributor

Featured blossaries

Yarn Types

Category: Arts   1 20 Terms

Game Consoles

Category: Arts   2 5 Terms