Goods and Services

People who make goods or provide services

• Producers

• Producing

• Consuming

• Consumers

the action of making or selling goods and services

• consuming

• consumers

• producing

• producers

A factory making shoes is an example of-

• consuming goods

• consuming services

• producing services

• producing goods

A mailman delivering mail is an example of

• producing goods

• consuming goods

• producing services

• consuming services

People who buy goods or services are

• consuming

• consumers

• producers

• producing

the action of using or buying goods and services

• producers

• consuming

• consumers

• producing

A person making a call on their cell phone is an example of-

• consuming services

• producing services

• producing goods

• consuming goods

A child buying toys is an example of-

• producing services

• consuming goods

• producing goods

• consuming services