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Unit 4 Ch 2 : Sectors of the Indian Economy — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 2 : Sectors of the Indian Economy3 Marks
Question
What are intermediate goods?
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Answer

Intermediate goods or producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods. A firm may make and then use intermediate goods, or make and then sell, or buy then use them.

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