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Goods and Services - Coggle Diagram
Goods and Services
Relationship between consumers and producers
supply
available amount to consumers
demand
how much consumers want
low demand
high supply
price goes down
high demand
low supply
price goes up
Goods
things
made
clothes
computure
car
grown
fruits
vegetables
come from
natural resources
wood
pencil
desk
bed
Meaning of Services
work for someone else
firefighter
provide service
keeping people safe
teacher
provide service
teaching
dentist
who
producer
makes & grows
goods
offer
services
consumer
buys
goods & services
made & offered
locally
from other countries
from other parts of the country