• 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.
Found on
http://thinkexist.com/dictionary/meaning/producer`s_goods/
Pro·duc'er's goods (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
...Found on
http://www.encyclo.co.uk/webster/P/168
No exact match found.
