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goods of the second and higher orders
Online Dictionary: translate word or phrase from Indonesian to English or vice versa, and also from english to english on-line.
Hasil cari dari kata atau frase:
goods of the second and higher orders
(0.00922 detik)
Found 1 items, similar to goods of the second and higher orders.
English → English
(gcide)
Definition: goods of the second and higher orders
Producer's goods
\Pro*duc"er's goods\
(Polit. Econ.) Goods that satisfy wants only indirectly as factors in the production of other goods, such as tools and raw material; -- called also
instrumental goods
,
auxiliary goods
,
intermediate goods
, or
goods of the second and higher orders
, and disting. from
consumers' goods
. [Webster 1913 Suppl.]
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