Some examples of goods and services
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For example we require a hairdresser to cut our hair, a doctor to cure us, a tailor to stitch our clothes, a cobbler for mending our shoes etc. These are a few examples of services that satisfy our wants. Both goods and services satisfy human wants. These goods and services are as diverse as our wants.
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☆ Goods are items that are usually (but not always) tangible;
• Clothes
• Television
• Pens and etc.
☆ Services make up the majority of the economies of rich nations;
• Education
• Transportation
• Infrastructure
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