Goods and Services
Economics
Goods
goods are physical objects such as shoes and shirts. The 4 factors of production also has something to do with goods and services. The economic output is divided into physical goods and services. Goods are items that can be seen and touched,such as books, clothing, shoes, etc.
Services
Services are actions or activity that one person performs for another. Examples haircuts, tutoring, dental checkups,etc. Most business theorists see a continuum with pure service at one endpoint and pure commodity goods at the other endpoint.
Goods and Services
Goods
This a example of goods such as fruits and Vegetables
Services
This i an example of services such as doctors, dentist and fireman
Goods and Services
Goods and services are a good thing in life such as the things we do in everyday life