What type of goods are shoes, shirts, and cars considered?

Shoes, shirts, and cars are classified as consumer goods because they are items intended for personal use and purchased by individuals to fulfill their daily needs and desires. Consumer goods are typically divided into durable goods, which provide lasting utility, and non-durable goods, which are consumed quickly. Shoes and shirts generally fall under the category of durable consumer goods as they provide utility over time, while cars are considered durable goods due to their longevity and significant utility in transportation.

This classification emphasizes that these items are not aimed primarily for producing other goods or service delivery in a business context, which distinguishes them from capital goods, industrial goods, and intermediate goods. Capital goods, for instance, are used to produce other goods and services and consist of machinery and tools. Conversely, industrial goods are items used in production processes, further differentiating them from consumer-oriented products. Intermediate goods, which are used in the production of final goods and are not sold directly to consumers, also do not apply to items like shoes, shirts, and cars, reinforcing the classification of these items as consumer goods.