Question

Which of the following is correctly classified as a consumer goods industry?

• A. Iron and steel
• B. Aluminium smelting
• C. Toothpaste
• D. Copper smelting

Answer 1

Answer:

C. Toothpaste

• Durable Goods: Items with a long shelf life (e.g., appliances, electronics).

• Non-Durable Goods: Items consumed quickly or lasting less than three years (e.g., food, toiletries, medicine).