| |
Intermediate goods are materials, parts, components, subassemblies and partially finished products that are used as inputs for other goods and services. These aren't meant for final consumption and are sold to businesses to be used in other products. The following are common examples of intermediate goods.
Adhesives & sealants | Animal feed | Batteries | Bearings | Bearings & gears | Cleaning supplies | Copper wire | Electrical cables | Fabric rolls | Fasteners | Gearboxes | Ink cartridges | LCD panels | Motors & engines | Packaging materials | Paint & coatings | Paper rolls | Personal protective equipment | Plywood | Printed circuit boards | Robotics components | Seats for an aircraft | Semiconductor chips | Sensors | Software licenses for an IT service | Springs & shocks | Steel bars | Valves & fittings | Vegetables for a restaurant | Wheels |
What is an intermediate good to one business could be a consumer good for another business. For example, grocery stores use vegetables as a finished good but restaurants use them as an intermediate good.OverviewIntermediate goods are products and services that are meant to be used to produce other products and services. Next: Business Goods
If you enjoyed this page, please consider bookmarking Simplicable.
© 2010-2024 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.
View credits & copyrights or citation information for this page.
|