Can you guess how many different products are in your local grocery store? If it’s a big store, there are thousands!
The United States is a big country. It has many natural resources. It also has many different people with different needs and wants. This is why we have a diverse economy. This means that we make and sell many different goods and services. Goods are things you can touch, like a car. A service is something that one person does for another, like fixing a car or walking a dog. Both goods and services are part of the economy.