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Goods and Services - Coggle Diagram
Goods and Services
Goods
things that are made or grown
made
computers, cars, clothes
grown
fruits and vegetables
natural resources
Wood
home
pencils
furniture
paper
Services
work someone does for someone else A--> B
Jobs
baby sitter
dentist
bus driver
fire fighter
teacher
How can it be offered?
other parts of the country ( WHOLE Country)
other countries
locally
Producers and Consumers
Producers
people who provide goods and services
Consumers
people who buy goods or services
Relation of Supply and Demand
Producer's Supply
amount of sth available to consumers
Supply > Demand
price goes down
Consumer's demand
how much consumer's want sth ♥
Demand > Supply
price goes up