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Goods and Services - Coggle Diagram
Goods and Services
Services
a firefighter
a babysitter
a teacher
a bus driver
a dentist
offered or made
locally
other parts of the country
other countries
a producer
make/grow/offer
goods/services
a consumer
buy
goods/services
producers & consumers
supply
available to consumers
demand
how much consumers want something
high demand & low supply
price goes up
low demand & high supply
price goes down
change the price
Goods
manufactured
clothes, cars and computers
grown
fruits and vegetables
natural resources
wood
paper, furniture, pencils, houses