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Karthikeyan

Public·11 members

Goods and services

Goods

  • Goods are physical things we can see, touch, and own.

  • They satisfy our needs and wants.

  • Examples: food, clothes, books, cars.

Services

  • Services are activities done by others to help us.

  • They cannot be touched or stored, only experienced.

  • Examples: teaching, medical care, transport, haircut.

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Ima

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