jordankutok700 jordankutok700
  • 25-09-2017
  • Business
contestada

What are consumer goods and how do they allow a country to become a mdc?

Respuesta :

Hume
Hume Hume
  • 03-10-2017
Consumer goods are those goods that are purchased and used by consumers. Consumer goods are not used by manufacturers to produce other goods. In essence, consumer goods are ready for use since they have been taken through the production and manufacturing. For a country to have consumer goods it must trade with other countries either to acquire raw materials or trade in consumer goods. This trade process contributes greatly towards the development of LDC economies into MDC status.
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