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ππ₯ Goods and Services π·ββοΈπ - Coggle Diagram
ππ₯
Goods and Services
π·ββοΈπ
Goods
grown
fruit and vegetables
natural resources
wood
paper
pencils
homes
made
computers
cars
clothes
Services
work
someone does
for someone else
babysitter
bus driver
dentist
be offered
other parts of country
other countries
locally
producer
make or grow goods and services
consumer
buy goods and services
How to producers and
consumers affect each other
supply
available for consumers
demand
how much consumers want
case 1
high demand
low supply
the price may go up
case 2
low demand
high supply
the price may go down
stores can sell them
more easily