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Goods and Services - Coggle Diagram
Goods and Services
Meaning of Services
work for someone else
teacher
provides the service of
teaching
firefighter
provides the service of
saving people
dentist, doctors,
who
consumers
buy
goods and services
producers
make and grow
goods
offer
services
made and offered
locally
from other parts of the country
from other countries
Relationship between consumers and producers
supply
available amount to consumers
demand
how much consumers want
low demand
high supply
the price goes down
high demand
low supply
price goes up
Goods
things
made
cars
clothes
computers
grown
fruits and vegetables
come from
natural resources
wood
pencils
paper
furniture
home