Good (economics)

In economics, a good is a material that satisfies human wants and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.Commodities may be used as a synonym for economic goods but often refer to marketable raw materials and primary products.

Although in economic theory all goods are considered tangible, in reality certain classes of goods, such as information, only take intangible forms. For example, among other goods an apple is a tangible object, while news belongs to an intangible class of goods and can be perceived only by means of an instrument such as print, broadcast or computer.

Utility characteristics of goods

Goods may increase or decrease their utility directly or indirectly and may be described as having marginal utility. Some things are useful, but not scarce enough to have monetary value, such as the Earth's atmosphere, these are referred to as 'free goods'.

Good

Good may refer to:

Common meanings

Companies

Arts and entertainment

Other uses

See also

GOOD Music

GOOD (Getting Out Our Dreams) Music, Inc. is an American record label founded by hip hop artist and record producer Kanye West in 2004. The label houses West, Big Sean, Pusha T, Teyana Taylor, Yasiin Bey / Mos Def, D'banj and John Legend. The label's producers include Hudson Mohawke, Q-Tip, Travis Scott, No I.D., Jeff Bhasker, S1. The label has released ten albums certified gold or higher by the Recording Industry Association of America (RIAA).

History

2004–07

West founded GOOD Music in 2004, in conjunction with Sony BMG, shortly after releasing his debut album, The College Dropout. John Legend, Common, and West were the label's inaugural artists.

Legend's Get Lifted (2004) was the label's first album release - this received eight nominations and three wins at the 2006 Grammy Awards, including Best New Artist and Best R&B Album. In October 2006, Legend released his second album, Once Again, which won a Grammy for the song "Heaven".

Common's Be (2005), the label's second release, was the recipient of four Grammy Award nominations. The label later added GLC, Really Doe, Malik Yusef, Tony Williams and Consequence to its artists. West's second studio album, Late Registration, included featured guest appearances by every artist signed to GOOD Music's roster at the time of its release in August 2005. In May 2007, Detroit rapper Big Sean signed to the label.

Good (play)

Good is an award-winning play in two acts written by British playwright Cecil Philip Taylor. First published for Methuen Drama in 1982, it was originally commissioned by the Royal Shakespeare Company in 1981 and was subsequently seen all over the world.Good has been described as the definitive piece written about the Holocaust in the English-speaking theatre. Set in pre-war Germany, it shows how John Halder, a liberal-minded professor whose best friend is the Jewish Maurice, could not only be seduced into joining the Nazism, but step-by-rationalised-step end up embracing the final solution justifying to his conscience the terrible actions.

Plot overview