GOODS, according to the 'Austrian School of Economics', require the following:

1. Human Need
2. Causal connection between the good and a need satisfaction
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'Principles of Economics', by Carl Menger

It has been shown that the existence of human needs is one of the essential prerequisites of goods-character, and that if the human needs with whose satisfaction a thing may be brought into causal connection completely disappear, the goods-character of the thing is immediately lost unless new needs for it arise.