What is

Goods can be anything from raw materials, manufactured products, merchandise, etc., that can be moved and transported from one place to another and sold to a buyer to satisfy their demands. Goods can be categorized into durable goods, consumer goods, hard goods or soft goods. Goods that last for a long time and are not depleted when used, like machinery and tools, are called durable goods. On the other hand, consumer goods are goods purchased for the buyer’s personal or household use. Hard goods are consumer durable goods such as appliances, while soft goods are consumer non-durable goods like clothing. 

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