Write two differences between final goods and intermediate goods .

1.	Write two differences between final goods and intermediate goods .
Answer» \t Final Goods Intermediate GoodsFinal goods are those goods that are manufactured to be consumed directly by the consumerIntermediate goods are referred to as those goods that are used for producing final goodsFinal goods are finished goodsIntermediate goods are goods that are partly prepared and can be referred to as unfinished goods or partly finished goodsFinal goods are available for consumption or can be used for capital formationIntermediate goods are available for reselling by the firms for generating profitFinal goods are ready to be consumed and therefore do not require any further processingIntermediate goods require further processing in order to be consumedFinal goods are considered to be a part of national income and have an impact on the national incomeIntermediate goods are not included in the national income and therefore have no impactFinal goods have inherent demand or direct demandIntermediate goods do not have natural demand and the demand is derived based on user preference\t

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