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Goods and Services - Coggle Diagram
Goods and Services
3.How producers and consumers affect each other?
demand
how much consumers want
EX.1
2not enough supply
3.the price may go up
1.Whe the demand is high
supply
available to consumers
EX2.
2.ENOUGH SUPPLY
3.THE PRICE MAY GO DOWN
THE STORE CAN SELL MORE EASILY
1.WHEN THE DEMAND IS LOW
2.What are services?
producer
make/grow/offer
goods
services
consumer
buy
goods
services
work for someone
a dentist
a teacher
a firefighter
bus driver
be offered or made
from other parts of the country
from other countries
locally
1.What are goods?
grown
fruits and vegetables
made
ex.clothes, computers and cars
natural resources-wood
furniture
pencil
homes
paper