20 Examples of Goods and Services

Goods and services

It's called in economics goods and services to the set of human processes and efforts whose ultimate goal is to satisfy the needs of an individual, a community or the entire species.

They are usually handled as a joint category in macroeconomic or social planning terms, but they represent two distinct segments although not disconnected from human endeavor in the societies.

What are the goods?

For goods It is usually understood, in this sense, concrete objectstangible or not (as in the case of culture or identity, which cannot be touched), and which can consume from society, that is, they can be bought, obtained, negotiated, received, etc. When you talk about goods merchandiseHowever, it refers to physical objects that can be bought or traded.

The goods can be of various types, such as:

It can serve you: Examples of Goods

What are the services?

Instead, services They are the set of actions carried out by another person (or machinery, as the case may be) by demand of a specific consumer who is satisfied by them.

When you talk about pure servicesThus, an abstraction is made to only consider what a man is capable of doing at the request of another to satisfy his need.

The professional or technical services that we may contract are examples of services.

Differences between goods and services

Although they are not the same thing, it is difficult that a service does not involve some type of goods, or that only one good is consumed, lacking added services.

Thus, when we buy a TV set, we may think that we are only consuming one good, but in reality we are also consuming we made use of the services of a seller, a distributor of the merchandise, an eventual technical support, etc.

However, assets are usually considered structural, that is, they can be renegotiated, inherited or transferred, while the services occur in a certain period and moment, since they are exhausted in the weather. Goods can be returned: a service, on the other hand, no.

Examples of goods

1. Apartments, offices and houses. The so-called real estate, since they cannot be moved, are a perfect example of consumable (affordable), heritable, returnable and structural goods.
2. Computers, cell phones, video games. One of the most widely produced and consumed goods in contemporary times are those linked to the technological revolution of the late twentieth century. The Internet, telecommunications and the virtual world imply a huge sale of electronic devices.
3. Books, magazines, newspapers. Paper culture also has its consumer goods, although some are perishable (newspapers), others newspapers (magazines) and others durable (books). These objects are the fruit of a publishing industry that produces, disseminates and markets them.
4. Chairs, furniture, desks. Carpentry and surface material work is an example of movable property (movable) that can be consumed at will and that are, incidentally, indispensable to provide certain services.
5. Cigarettes, coffee and alcohol. These stimulant products and legal drugs form another huge cog in today's massively and rapidly consumed personal property.
6. The software and applications. One of the great sources of goods in the contemporary and digital world is made up of computer programs and applications for smartphones, such as video games. Many of these intangible assets, however, actually involve a series of services without which, surely, they would not have a joke.
7. Shoes, gloves and hats. Second-hand accessories, made of leather and even petroleum derivatives, are highly demanded exchange goods in countries with stationary climates.
8. Clothes and textiles. Clothing and clothing, hand in hand with fashion and the advertising force, is one of the inexhaustible offers of consumable personal property, which handles a volume of national and international merchandise that is actually gigantic.
9. Automobiles and motorcycles. The transportation industry encompasses automobiles of all types, motorcycles, alternative vehicles, and all a range of mechanical goods dependent on the fuel industry and enabling the services of transport.
10. Jewels and precious goods. These goods are characterized by not having a value based on their utility, but on their beauty or on their exchange value, a bit like the capital (which is not traditionally considered a good, although it acts as one).

It can serve you:

Examples of services

1. Food services. From ethnic and traditional restaurants to chains fast food or mobile food stalls, these locations offer a food kitchen service that ends as soon as customers do the same with their dishes.
2. Population transport services. Taxi lines, collective buses or even blood traction transports in rural towns, this sector represents an indispensable service for life in society, since they allow the rapid circulation of workers.
3. Domestic cleaning services. It refers to the janitors (porterías) of the buildings, as well as the formal or informal sector of domestic cleaning.
4. Telecommunications services. One of the great sectors on the rise, from the technological and communications explosion, is that of cellular telephony and the Internet, necessary in homes and work spaces alike.
5. Interpretation and translation services. Of special significance for the diplomatic and corporate world, hand in hand with the national laws and regulations of legalization, apostille, etc.
6. Editorial services. This is the name of the entire sector in charge of promoting, producing, correcting and printing (and sometimes distributing) both literary and periodical reading materials (newspapers, books, magazines).
7. Repair services. We could include here the technical services of electricity, plumbing, mechanics and electronics, which serve particular cases and allow the repair or commissioning of devices (more and more numerous and necessary) various.
8. Educational services. Both formal, academic, promoted by the State or private, as well as informal in the case of workshops, courses and seminars. They are the professional training services and the spreading of information and culture.
9. Medical services. In its gigantic range of specialties, doctors provide a prevention and emergency service of deterioration of the body that ends as soon as health is restored or the check-up ends.
10. Distribution services. One of the great sectors of the world, that of merchandise transport and distribution, either on a large scale (international) or local scale, they are in charge of guaranteeing the mobility and flow of goods produced by the manufacturing and primary.