Fast & Curious Goods and Services

Front

things that are manufactured, or made, and that consumers can buy and own.

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goods

Front

products that are not physical objects.

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services

Front

the market value of all goods and services produced annually in the United States is called.

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gross domestic product

Front

the rapid production of large numbers of identical objects.

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mass production

Front

the difference between the total cost of production and the total revenue received from buyers.

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profit

Front

the process of convincing consumers to buy the product.

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marketing

Front

the process of selling a good or a service in which the same product, price, promotion, and distribution is used for all consumers in a particular market.

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mass marketing

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a person who buys or uses goods and services.

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consumer

Front

a name given by the maker to a product or range of products.

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brand

Front

a product that does not have a manufacturer's name or brand.

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generic products