Tag Archives: Intermediate Goods: Example

Intermediate Goods: Example, Calculation in GDP

What: Goods semi-finished (semi-finished goods) is the raw material is processed but not for final consumption, but rather as an input to the production of other goods. We also call them as intermediate goods (intermediate goods) . An example is the aluminum alloy for making cars. Flour for making bread is another example of a semi-finished product. Semi-finished goods have a lower added… Read More »