Who is considered a final consumer?

The final consumer refers to an individual or entity that purchases goods or services for personal use, not for resale or further production. In this context, identifying the final consumer as a customer who purchases finished products is accurate because these consumers utilize the goods to satisfy their personal needs and desires.

This distinction is essential in understanding market dynamics. While businesses may buy wholesale products for various operational purposes, they are not the final consumers; rather, they are intermediate entities that may sell to final consumers or use the products in their production processes. Similarly, investors in production companies contribute capital but do not directly purchase goods for personal consumption, and suppliers of raw materials provide foundational materials that are transformed into products but do not represent end-users of those products. Therefore, the definition of final consumers directly aligns with those who acquire and use finished goods.