Business GCSE
Normal Good
What Normal Good means in Business GCSE, as defined for AQA.
Definition of Normal Good
Check what you remember
Read the wording for your board, then hide it and explain Normal Good in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A product whose demand increases when consumer incomes increase.
Topics that use Normal Good
- The economic climate on businesses (AQA GCSE)
Related terms
- Business investment decisions
- Cash flow and profit
- Confidence and debt levels
- Consumer spending
- Disposable Income
- Economic Climate
- Inferior goods
- Interest rates
Using Normal Good in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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