Intermediate Goods: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which one of the following is the best explanation of an intermediate good?

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1. What's another name for an intermediate good?

2. How do you determine whether a good is an intermediate good or a consumer good?

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About This Quiz & Worksheet

In this quiz and worksheet, you will encounter questions that address topics like identifying intermediate and consumer goods.

Quiz & Worksheet Goals

The assessment's questions focus on:

  • Consumer goods
  • Intermediate goods
  • Another name for intermediate goods

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related goods lesson
  • Information recall - access the knowledge you have gained regarding consumer goods
  • Knowledge application - use your knowledge to answer questions about intermediate goods

Additional Learning

Refer to the lesson entitled Intermediate Goods: Definition & Examples for more information on this subject. Some objectives this lesson educates you on include:

  • Define intermediate goods
  • Compare and contrast intermediate goods and consumer goods
  • Review examples to ensure you understand consumer goods and intermediate goods
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