Non-Durable Goods
Non-Durable Goods are products that are consumed quickly or have a short lifespan. These items are typically used up within a few days, weeks, or months, making them essential for everyday living. Examples include food, beverages, and toiletries, which are purchased frequently by consumers.
Unlike durable goods, which can last for years, non-durable goods are characterized by their immediate utility and necessity. They play a crucial role in the economy, driving consumer spending and influencing market trends. Understanding non-durable goods helps businesses cater to consumer needs effectively.