Can you guess how many different products are on the shelves of your local grocery store? If it’s a big supermarket, there are thousands, for sure.
The United States is a large country with many natural resources and a big, diverse population that has many needs and wants. Therefore, we have a diverse economy. This means that we produce and sell many different goods and services. Goods are real objects, such as a car. A service is something that one person can do for another, such as fix a car or walk a dog. Both goods and services are part of the economy.
