UOI Flashcard

Front

What is a "good"?

Back

Something you can touch and own

Front

What is a "service"?

Back

A job or task someone does for you.

Front

Which of these is an example of a good? a) A teacher teaching you, b) A sandwich you buy at a store, c) A doctor checking your health

Back

A sandwich you buy at a store

Front

Which of these is an example of a service? a) A hairdresser cutting your hair, b) A car you drive, c) A book you read

Back

A hairdresser cutting your hair

Front

Which of the following is NOT an example of a good? a) A bicycle, b) A movie you watch in a theater, c) A bag of apples

Back

A movie you watch in a theater

Front

Who provides services? a) Farmers, b) Teachers, c) Bakers, d) All of the above

Back

All of the above

Front

If you visit a restaurant and someone serves you food, what is that?

Back

A service

Front

Which of these is both a good and a service? A book and a teacher reading it to you, A toy and a friend playing with it.

Back

A book and a teacher reading it to you

Front

Which of these is a service you can get at a hospital? a) A nurse helping you feel better, b) A snack to eat, c) A toy to play with

Back

A nurse helping you feel better

Front

What is the difference between goods and services?

Back

Goods are things you can touch, and services are things people do for you.