producer's goods

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 consumers' goods.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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