PRODUCING AND CONSUMING GOODS

PRODUCING AND CONSUMING GOODS

GOODS

​GOODS ARE THE COMIDITIES THAT FULLFILL THE NEEDS AND WANTS OF PEOPLE . ALL THE THINGS THAT WE USE ARE GOODS .

​PRODUCING GOODS

​THE GOODS ARE NOT PRODUCED ON THEIR OWN . SOME ONE PRODUCE THEM . A PERSON WHO PRODUCES GOODS IS CALLED A PRODUCER . A PRODUCES PRODUCES GOODTO EARN MONEY CALLED THE INCOME OF THE PRODUCER .

Poll

Q1 WHO IS A PRODUCER ?

• PRODUCES GOODS A PERSON WHO

• A PERSON WHO BUYS GOODS