Goods and Services

6 cards | Total Attempts: 185 | Created by schafere | Last updated: Sep 22, 2015 | Total Attempts: 185

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Good

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good	something you buy and consume. Goods are things that you can keep, eat, or use.
service	something that someone does for you. When you buy a service, you hire people to perform work. You are not buying something you can touch or hold.
Producer	A person, company, or country that makes, grows, or supplies goods or commodities for sale.
consumer	A person who purchases goods and services for personal use.
community	All the people living in a particular area or place
purchase	To obtain by paying money or its equivalent