Before 1950, have experts ever conceived that goods could be intangible?

by tom_vin

I have a difficult question. Today when we think of "goods", it is fairly easy for us to imagine intangible goods such as mp3 files or Steam games. But before 1950, there was no Internet, so did experts at that time already conceive that intangible goods exist? Or did they think that goods can only be tangible, while those that are not tangible are services?

Thank you in advance!

HowdoIreddittellme

How do you mean by tangible?

For centuries before 1950, you could buy stock or hold a patent. While there was a piece of paper affirming your ownership of the stock or patent, it merely represented an intangible idea.