Consumer product

Consumer Product may also specifically refer to Consumer Packaged Goods

A consumer product is generally any tangible personal property for sale and that is used for personal, family, or household for non-business purposes. The determination whether a good is a consumer product requires a factual finding, on a case-by-case basis. This basis will vary from one jurisdiction to another.

As an example, The United States Consumer Product Safety Act has an extensive definition of consumer product, which begins:

CONSUMER PRODUCT.--The term ‘‘consumer product’’ means any article, or component part thereof, produced or distributed (i) for sale to a consumer for use in or around a permanent or temporary household or residence, a school, in recreation, or otherwise, or (ii) for the personal use, consumption or enjoyment of a consumer in or around a permanent or temporary household or residence, a school, in recreation, or otherwise; but such term does not include— (A) any article which is not customarily produced or distributed for sale to, or use or consumption by, or enjoyment of, a consumer,

It then goes on to list eight additional specific exclusions and some further miscellaneous details.

One definition of a consumer product is a product you do not need, like candy, an iPod Touch, or a television. After WW 1, America went into a recession after manufacturing many war products and having to pay off all of its debts to factories and the common people. At this time, Calvin Coolidge was sworn into presidency and later introduced the Trickle Down Effect, and gave money to the businesses. This allowed the businesses to give American's jobs, and American's slowly had more leisure time than times past and more money. America started manufacturing consumer products to create more jobs and to get people to start spending money so the government can raise money. This is a simple explanation of a consumer product and how it happened.