All our life full fill with some products
All our life full fill with some products. In business, a product is a good or service which can be bought and sold. In marketing, a product is anything that can be offered to a market that might satisfy a want or need. In retailing, products are called merchandise. In manufacturing, products are purchased as raw materials and sold as finished goods. Commodities are usually raw materials such as metals and agricultural products, but a commodity can also be anything widely available in the open market.
Since 1575, the word “product” has referred to anything produced. Since 1695, the word has referred to “thing or things produced”. The economic or commercial meaning of product was first used by political economist Adam Smith.