Let’s start with the easy one: consumer goods. These are the final products you and I buy for our own personal use. Think of that delicious latte you grabbed this morning, or the new sneakers you’ve been eyeing. They are the end of the line, the reward for a hard day’s work.
Your phone, your shampoo, that bag of chips—all consumer goods. They are personal and immediate. When you buy them, you’re the last stop on their journey. This is the part of the economy you live in every single day.
