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Goods and Services - Coggle Diagram
Goods and Services
what are goods?
thing that are made
cars
computers
clothes
things that are grown
fruits
vegetables
from natural resources
woods
paper
pencils
furniture
homes
come from other parts of the country or other countries
How do producers and consumers affect each other?
supply
the amount of something is available
demand
how much people need/want something
high demand
price may go up
supply might run out
low demand
too many supply
price may go down
what are services?
work that someone does for someone else
producers
provides goods, services
teacher
service of teaching
bus driver
drives bus
dentist
make people's teeth healthy
firefighter
save people
consumers
buys goods/services