Please enable JavaScript.
Coggle requires JavaScript to display documents.
Goods and Services - Coggle Diagram
Goods and Services
services
work that someone does for someone else
ex) teacher, firefighter, bus driver...
producer
provide goods or services
consumer
buy goods or services
can come from
other countries
other parts of the country
local community
goods
things
made
ex)clothes, computers, cars
grown
ex)fruits and vegetables
natural resources
ex)woods
ex)pencils, paper..
how producers and consumers affect each other
supply
amount of something available to consumer
demand
how much consumers want something
in high demand
not enough supply
price goes up
in low demand
price goes down
sell more easily