Please enable JavaScript.
Coggle requires JavaScript to display documents.
Goods and Services - Coggle Diagram
Goods and Services
What are Services?
work for someone
dentist
teacher
babysitter
firefighter
bus driver
be offered or made
locally
from other parts of the country
other countries
producer
make, grow, offer
goods
services
consumer
buy
goods
services
How producers and consumers affect each other?
supply
available to consumers
demand
how much consumers want
Ex.1
When the demand is high
not enough supply
the price may go up
Ex.2
When the demand is low
enough supply
the price may go down
What are goods?
made
clothes, computers, cars, cellphones
grown
fruits and vegetables
natural resources
wood
furniture
pencil
paper
homes