Goods, Services, Producers, Consumers

Who makes and sells goods?

• Consumers

• Producers

• Goods

• Services

Does an eye doctor offer goods or services?

• Goods

• Services

What is something that can be done for you..like a haircut?

• Good

• Service

Which two places are competitors?

• Mcdonald's vs. Wendy's

• Subway vs. Dollar General

• Harps vs. Beauty Salon

Who buys goods and services?

• Producers

• Consumers

Does the fire station offer a good or a service?

• Good

• Service

What is a public good?

• The government provides this good.

• Something we buy only for ourselves.

What is a private good?

• The government provides this good.

• Something we buy only for ourselves.