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Consuming Goods & Services

Katie Stafford

Created on June 9, 2020

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Transcript

CONSUMING GOODS & SERVICES

Consuming is the action of using or buying goods and sevices.

CONSUMING GOODS

Consumers buy all sorts of goods. People are consuming when they buy small goods like clothes, toys, and food. They also are consuming when they buy large goods such as boats and houses.

CONSUMING SERVICES

Consumers spend money on many types of services. People are consuming when they pay to have their cars washed at a gas station. People are also consuming when they spendmoney to have someone fix their bicycles.

OTHER EXAMPLES OF CONSUMING

Shopping online

Using a cell phone to make a call

Buying food at the grocery store

Sources: PebbleGo Database. Copyright © 2020 Capstone Digital. Permission is granted