végfelhasználás

Végfelhasználás refers to the final consumption of goods and services by individuals or households. It represents the stage in the economic process where products are utilized for direct satisfaction of wants and needs, rather than for further production or resale. This concept is a key component of macroeconomic analysis, particularly in the calculation of Gross Domestic Product (GDP) through the expenditure approach, where household consumption expenditure is a significant factor.

The term encompasses a broad range of activities, from purchasing food and clothing to paying for housing, transportation, and entertainment. It signifies the ultimate purpose of economic activity: to provide for the welfare and consumption patterns of the population. Understanding végfelhasználás is crucial for policymakers to gauge economic health, anticipate consumer demand, and formulate fiscal and monetary policies. Changes in végfelhasználás can indicate shifts in consumer confidence, income levels, and overall economic trends. It is distinct from intermediate consumption, which involves the use of goods and services as inputs in the production of other goods and services.