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Concept
Final Goods
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Summary
Final Goods
are
Products that have completed the manufacturing process
and are
Ready for sale
to the
End consumer
, distinguishing them from
Intermediate Goods
used in the
Production of other goods
. These goods are crucial in calculating a country's Gross Domestic Product (GDP) as they represent the
End point of economic activity
within a given period.
Concepts
Gross Domestic Product
Intermediate Goods
Production Process
Consumer Goods
Economic Activity
Value Added
Supply Chain
Derived Demand
Relevant Degrees
Marketing and Sales 50%
Price Formation and Costs 30%
Domestic Trade 20%
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