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goods and services are define as the commodity that are sale for exchange of money to make life easy.

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13y ago

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A(n) is defined as any situation in which goods or services are exchanged freely.?

market


Can you tell me the difference between marketing and advertising?

Marketing is defined as the selling and buying of goods. Advertising is defined as the aspect of marketing where you draw public attention to goods and services.


How are the three kinds of resources can be defined?

Natural is defined as "gifts of nature, such as forest, fertile, soil, and water." Human is defined as "the skills people have to produce goods and services." Capital is defined as "the things people make, such as machines and equipment, to produce goods and service."


How is labor defined?

Labor is the general category of the human effort that is used for the production of goods and services.


What is goods and what is service?

Goods would be defined as anything that anyone wants or needs. Services would be the performance of any duties or work for another; helpful or professional activity.


What is productivity growth?

Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.


What growth production?

Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.


What is a business give an example?

Business can be defined as an organization that provides goods and services to others who want or need them. Walmart is a great example.


Foreign trade definition?

Foreign trade is defined as trades made between different countries. The trades can be goods, research, or services.


How is economically defined?

Economics is the social science that investigates human activity directed toward the production, distribution, and consumption of goods and services.


How do you place a value on money?

By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.


Match the role with the actions taken by players in that role.?

consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services