What is another word for normal goods?

Pronunciation: [nˈɔːmə͡l ɡˈʊdz] (IPA)

Normal goods are products and services whose demand increases with an increase in income. They are essential goods that people frequently buy, and their consumption is directly proportional to the level of disposable income. Synonyms for normal goods include regular goods, necessary goods, essential goods, and staple goods. These goods are non-luxury items, which individuals need for their daily survival. Basic goods, needed items, and everyday products also serve as synonyms for normal goods. In contrast, luxury goods or inferior goods do not follow this pattern and may experience a decrease in demand as income increases. Synonyms for normal goods underline their importance in daily life, as they serve as a foundation for sustenance and growth.

What are the hypernyms for Normal goods?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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