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Intermediate and Final Goods - Explained

What are Intermediate and Final Goods?

Written by Jason Gordon

Updated at March 27th, 2023

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What are Intermediate Goods?

Intermediate goods are those that in the construction or development process prior to becoming finished or final goods. Further, intermediate goods have undergone some form of transformation from being simply raw materials. 

Back to:ECONOMIC ANALYSIS & MONETARY POLICY

What are Final Goods?

Final goods are those that have completed the manufacturing process and are ready for sale or use. 

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products explained goods types

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