Economy and me
Economy is present in my life because production, distribution, consumption, goods, and services are everywhere. I know production is in my life because factories, paper, and clothes are examples I see around me in my life. Clothes are made from factories and are shipped using a cargo ship or an 18 wheeler to a store where they are ready for you to buy. I see trucks, mail trucks, the bank, the post office, gas stations, and cargo ships. They are all good examples of distribution because they distribute items to you, for example mail trucks distribute mail to you. Consumption is always around me because I see people buying food and water, I also see stores, and people consuming information at school, and using their inhaler. If you use a notebook, you are consuming the notebook because you are using it. There are many kinds of goods in my life like clothes, shelter, computers, and food and water, also books. Goods are things that you can consume. If you consume a book it is a good. Services are people and companies that help you out or benefit you. Some examples of services would be doctors, people serving in the military, veterinarians, the mailman, a coach, a plumber, a teacher, and a restaurant. Those are my examples of how production, distribution, consumption, goods,and services are around me and benefiting me in my life.
No comments:
Post a Comment