What are physical goods that are bought and sold known as?

The term that accurately describes physical goods that are bought and sold is "products." In a retail or business context, products refer specifically to the tangible items that a company offers to consumers for purchase. These can include a wide range of items, from clothing and electronics to food and furniture.

"Commodities," while close, generally refer to basic goods used in commerce that are interchangeable with other goods of the same type, such as oil, gold, or agricultural products. "Assets" refers to resources owned by a business that have economic value, which can include not just physical goods but also things like property and investments. "Resources" is a broader term that encompasses materials, labor, and information used to produce goods and services, not exclusively physical goods themselves. Thus, "products" is the most precise answer in this context.