What are the different types of goods enumerate and define each?

Goods can be classified into several types:

1. Consumer Goods: These are goods purchased by individuals for personal use, further divided into durable goods (long-lasting items like appliances) and non-durable goods (consumables like food).

2. Capital Goods: These are items used in the production of other goods or services, such as machinery and tools.

3. Intermediate Goods: These are products that are used to produce final goods, such as raw materials and components.

4. Public Goods: These are goods that are non-excludable and non-rivalrous, meaning they are available for everyone to use without reducing availability for others, like national defense and public parks.