This term refers to the goods individual consumers purchase for personal or family use as opposed to military (for use by a countries armed forces) or industrial goods (for use by business). Capitalist societies offer a wide variety of them and communist countries offer few because the government doesn't see producing them as a priority (preferring to make tanks and tractors)

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This term refers to the goods individual consumers purchase for personal or family use as opposed to military (for use by a countries armed forces) or industrial goods (for use by business). Capitalist societies offer a wide variety of them and communist countries offer few because the government doesn't see producing them as a priority (preferring to make tanks and tractors)