"In the absence of any short term in common use to represent all desirable things, or things that satisfy human wants, we may use the term Goods for that purpose"

This quote by Alfred Marshall is describing the concept of products in economics. He is suggesting that goods are a beneficial term to use when going over the important things that please human wants. He is suggesting that there is no single term that can be used to represent all desirable things, so the term products can be used rather. This is because products are tangible items that can be purchased and sold, and they are frequently used to satisfy human desires. Marshall is suggesting that goods are a helpful term to use when talking about the things that satisfy human desires, as it is a broad term that incorporates a wide variety of items. He is likewise indicating that items are a valuable resource, as they can be utilized to satisfy human desires and needs. In conclusion, Marshall is suggesting that the term items is an useful term to utilize when going over the things that please human wants, as it is a broad term that encompasses a wide range of items.