economic goods
Definition
Consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it. In contrast, free goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them. See also good.
economic goods is in the Economics, Politics, & Society subject.
economic goods appears in the definition of the following term: good
This content can be found on the following page:
http://www.businessdictionary.com/definition/economic-goods.html
email to a friend print this definition cite this definition