Examples of Economic Goods?

Answer

An economic good is a service or item used by people to make them happy. Most all of economic goods have a value to them and can be bought or traded for. There are thousands of examples that can be used for economic goods. The most simple way to explain an econmic good is that any thing that can manufactured is technically considered an economic good. The most common example that people give for an economic good is just plain water. It is something that every person in the world needs to survive.
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