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Goods and Service - Coggle Diagram
Goods and Service
How do producers and consumers affect each other?
supply
available amount to consumer
demand
how much consumers want
low demand
high supply
price goes down
high demand
low supply
price goes up
What are services?
work for Someone else
teacher
provides the service
teaching
firefighter
provides the service
keeping people safe
bus driver
who
consumers
buys
goods & services
producer
makes & grows
goods
offer
services
made & offered
locally
from other parts of the country
from other countries
What are goods?
things
made
computers
clothes
cars
grown
fruits & vegetables
come from
natural resource
wood
pencils
paper
furniture
homes