Question

Select all that apply. What do people consume to satisfy their economic wants? goods money services factories

Answer 1

goods and services

Step-by-step explanation:

Answer 2

goods and services

Step-by-step explanation:

The economy operates through two main sides, producers and consumers.

Producers are the owners of factories and businesses that produce goods and services for sale for profit. Consumers, according to their taste and needs, are the demanders of goods and services.

For example, you consume cell phone (it's a good) and do sports classes (service). The company and the sports teacher are the offerers.