Goods and services

what is goods?

• Goods are items that are exclusively given away for free.
• Goods are tangible products that can be bought, sold, or traded.
• Goods are intangible services that cannot be traded.
• Goods are only digital products available online.

What is services ?

• Services are physical products sold to consumers.
• Services are only provided by government agencies.
• Services are always free of charge.
• Services are intangible activities or benefits provided to consumers or businesses.

A house is an example of ...................

Make an x on the goods

What is the difference between a good and a service

Which of the following is an example of a service?

• A car

• A book

• A haircut

• A smartphone

1. Doctor: Goods or Service?

• Good

• Service

3. iPhone: Goods or Service?

• Good

• Services