Goods
From The Art and Popular Culture Encyclopedia
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[[Image:Delion at the Passage Jouffroy.jpg|thumb|left|200px|[[Delion (Passage Jouffroy)|Delion]] at the [[Passage Jouffroy]]]] | [[Image:Delion at the Passage Jouffroy.jpg|thumb|left|200px|[[Delion (Passage Jouffroy)|Delion]] at the [[Passage Jouffroy]]]] | ||
+ | [[Image:Still Life with Nautilus Cup (1662) is by Willem Kalf.jpg|thumb|right|200px|[[Luxury]] is a form of [[consumerism]]. | ||
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+ | Illustration: ''[[Still Life with Nautilus Cup]]'' (1662) by Willem Kalf]] | ||
[[Image:Ill-Matched Lovers (Quentin Matsys).jpg |thumb|right|200px|''[[Ill-Matched Lovers (Quentin Matsys)|Ill-Matched Lovers]]'' (c. 1520/1525) by Quentin Matsys]] | [[Image:Ill-Matched Lovers (Quentin Matsys).jpg |thumb|right|200px|''[[Ill-Matched Lovers (Quentin Matsys)|Ill-Matched Lovers]]'' (c. 1520/1525) by Quentin Matsys]] | ||
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A good or commodity in economics is any object or service that increases utility, directly or indirectly, not to be confused with good in a moral or ethical sense (see Utilitarianism and consequentialist ethical theory). A good that cannot be used by consumers directly, such as an "office building" or "capital equipment", can also be referred to as a good as an indirect source of utility through resale value or as a source of income. A 'good' in economic usage has taken a divergence from root meanings associated with social moralities and legalities, but still retains the positive outlook of the word. For example, if an object or service is sold for a positive price, then it is a "good" since the purchaser considers the utility of the object or service more valuable than the money.
See also
- Fast moving consumer goods
- Final goods
- Intangible asset
- List of economics topics
- Service (economics)
- Tangible property