'goods of the first order' definitions:

Definition of 'goods of the first order'

From: GCIDE
  • Consumer's goods \Con*sum"er's goods\ (Polit. Econ.) Economic goods that directly satisfy human wants or desires, such as food, clothes, pictures, etc.; -- called also consumption goods, or goods of the first order, and opposed to producer's goods. [Webster 1913 Suppl.]