Concept information

economy > goods and services > goods > non-durable goods

Preferred term

non-durable goods  

Definition

  • A good bought by consumers that tends to last for less than a year. Common examples are food and clothing. The notable thing about nondurable goods is that consumers tend to continue buying them regardless of the ups and downs of the business cycle.

Broader concept

Belongs to group

URI

http://www.eionet.europa.eu/gemet/concept/10929

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