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Definition: Consumer good

SNA 1993

Good or service that is used without further transformation in production by households, nonprofit institutions serving households or government units for the direct satisfaction of individual needs or wants or the collective needs of members of the community.
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 9.41
Created:
2005-10-13
Updated:
2019-05-10

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