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Goods and Services - Coggle Diagram
Goods and Services
what are services?
that some does for
someone else
offer services
teacher
fire fighters
dentist
baby sitte
dog walking service
some goods and service
made
offered
localy
goods and services
can come from
other parts of country
other c
producer
someone who makes
goods
services
consumer
buys
goods
services
what are goods?
are things that are
made
cars,computers, clothes
grown
vegetables, fruits
many goods
come from
natural resources
wood
homes
pencils
paper
furniture
How do producers and cosumers affect each other?
supply
is amount of something
available to consumers
demand
is
how much consumers want something
is high
isn't enough supply
the price
may go up
the price
goes down
demand
goes down