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View synonyms for producer goods
producer goods
plural noun
, Economics.
- goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.
producer goods
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Word History and Origins
Origin of producer goods1
First recorded in 1950–55
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Example Sentences
The further technical progress advances, the more do consumer goods recede as compared with producer goods.
From Project Gutenberg
Yet the upshot of all this is not accumulation of capital but an increasing production of producer goods to no purpose whatever.
From Project Gutenberg
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