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Goods and Services - Coggle Diagram
Goods and Services
How do consumers and producers affect?
supply
available amount to consumers
demand
how much consumers want
high demand
low supply
price goes up
low demand
high supply
price goes down
Service
work
for someone else
examples
firefighter
provide service
keeping people safe
made and offer
locally
other part of country
from other country
Goods
things
grown
vegetables and fruits
made
natural resources
wood
paper
furniture
pencil
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