[[1]] goods are the goods that are ready for consumption by households.

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Detailed Solution

Final goods refer to the goods that are ready for consumption by households. In other words, goods that are not meant for any further manufacturing process are called final goods. Sugar, milk, bread, and salt, if consumed by households, are examples of final goods. Intermediate goods are the ones purchased by industries or factories for their production process. The usage of a good determines if the good is final or intermediate. For example, if sugar is consumed by households, it is a final good. Whereas, if the same sugar is used to produce cold drinks, it is an intermediate good.

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