Producer and Consumer.
Producer
A producer is a person, company, or country that makes goods or provides services.
They use resources (like land, labor, machines, raw materials) to create products.
Producers bring things to the market so people can buy them.
Examples:
A farmer producing milk
A factory making footballs
A teacher providing education
Consumer
A consumer is a person who buys and uses goods or services to satisfy their needs and wants.
Consumers give money in return for what producers make.
Without consumers, producers won’t have anyone to sell to.
Examples:
You eating a burger
A fan buying a football ticket
A student learning in school
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