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Goods

In economics and accounting, a good is a product that can be used to satisfy some desire or need.

Fri, 8 Apr 2011 04:36:56

      In economics and accounting, a good is a product that can be used to satisfy some desire or need. More narrowly but commonly, a good is a tangible physical product that can be contrasted with a service which is intangible. As such, it is capable of being delivered to a purchaser and involves the transfer of ownership from seller to customer. For example, an apple is a tangible good, as opposed to a haircut, which is an (intangible) service. One usage that preserves the distinction between goods and services by including both is commodity. In microeconomics, a 'good' is often used in this inclusive sense of the word (Milgate, 1987).

This is a cart to help people carry goods from market of buses.
Heavy goods being transport.
Goods being sold at the market.
Man pushing his goods through a street