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Products

Definition

Products refer to tangible items that are produced or manufactured for sale to consumers.

Related terms

Goods: Goods are physical objects that satisfy people's wants or needs. They are typically tangible products that can be bought or sold.

Consumer Goods: Consumer goods are products purchased by individuals for personal use rather than for resale purposes.

Product Development: Product development involves the creation or improvement of new products through research, design, testing, and manufacturing processes.

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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.