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  • Goods and SVS

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    The document defines goods as tangible products that can be touched and seen, such as food, clothing, and furniture. Services are intangible products that cannot be touched or seen but can be experienced, like haircuts, doctor visits, and concerts. Goods are physical objects that can be owned, while services are intangible experiences. Goods and services are essential to the economy as they provide what people need to survive as well as things they want for entertainment, education, and more.

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    GOODS AND SVS

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    The document defines goods as tangible products that can be touched and seen, such as food, clothing, and furniture. Services are intangible products that cannot be touched or seen but can be experienced, like haircuts, doctor visits, and concerts. Goods are physical objects that can be owned, while services are intangible experiences. Goods and services are essential to the economy as they provide what people need to survive as well as things they want for entertainment, education, and more.

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    © All Rights Reserved
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    4 views1 page

    Goods and SVS

    Uploaded by

    librarian
    The document defines goods as tangible products that can be touched and seen, such as food, clothing, and furniture. Services are intangible products that cannot be touched or seen but can be experienced, like haircuts, doctor visits, and concerts. Goods are physical objects that can be owned, while services are intangible experiences. Goods and services are essential to the economy as they provide what people need to survive as well as things they want for entertainment, education, and more.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    GOODS AND SERVICES

    Objectives: Students will be able to;

     Define goods and services.


     Identify examples of goods and services.
     Explain the difference between goods and services.
     Discuss the importance of goods and services in the economy.

    Goods:Tangible products that can be touched and seen. Examples of goods include food, clothing, furniture, and cars.

    Services: Intangible products that cannot be touched or seen, but can be experienced. Examples of services include
    haircuts, doctor's visits, and concerts.

    The difference between goods and services: Goods are physical objects that can be owned, while services are intangible
    experiences that cannot be owned.

    The importance of goods and services in the economy: Goods and services are essential for people to live and work.
    They provide us with the things we need to survive, such as food and shelter, and they also provide us with the things
    we want, such as entertainment and education.

    GOODS AND SERVICES


    Objectives: Students will be able to;

     Define goods and services.


     Identify examples of goods and services.
     Explain the difference between goods and services.
     Discuss the importance of goods and services in the economy.

    Goods:Tangible products that can be touched and seen. Examples of goods include food, clothing, furniture, and cars.

    Services: Intangible products that cannot be touched or seen, but can be experienced. Examples of services include
    haircuts, doctor's visits, and concerts.

    The difference between goods and services: Goods are physical objects that can be owned, while services are intangible
    experiences that cannot be owned.

    The importance of goods and services in the economy: Goods and services are essential for people to live and work.
    They provide us with the things we need to survive, such as food and shelter, and they also provide us with the things
    we want, such as entertainment and education.

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