The Five Economic Questions
Who produces Goods and Services?
Factory workers
Machines
Farmers
What Good and Services can be Produced?
Desks
Car
Toothpaste
Haircuts
Computers
Lap top
Shoes
Clothes
Education
Toys
Foods
Games
How are Goods and Services Produced?
By someone
Industries
By organizations
Who are Goods and services produced for?
Consumers
Supermarkets
How are Goods and services distributed?
By land
By air
Postal Consignments
By sea
Courier Shipments