instrumental goods, auxiliary goods, intermediate goods, or goods of the second and higher orders, and disting. from consumers' goods.' name='description'> producer's goods - definition and meaning
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producer's goods

Definitions

from the GNU version of the Collaborative International Dictionary of English.

  • (Polit. Econ.) Goods that satisfy wants only indirectly as factors in the production of other goods, such as tools and raw material; -- called also instrumental goods, auxiliary goods, intermediate goods, or goods of the second and higher orders, and disting. from consumers' goods.

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