The demand for goods refers to the desire and willingness of consumers to purchase and acquire products or resources.
Related terms
Supply: Supply refers to the quantity of goods or services that producers are willing and able to provide in the market.
Market forces: Market forces are factors such as supply and demand that influence prices and determine how goods are bought and sold in an economy.
Consumer behavior: Consumer behavior studies how individuals make decisions regarding what they buy, use, or dispose of based on their preferences, budget constraints, and other factors.