CONSUMER GOODS
Producers must recognize what people want in order to
create consumer goods that will prove popular, sell well, and
increase profit. A wide range of goods, such as cars, clothing,
toys, and food, are offered by many different producers to
ensure that individual consumer needs are satisfied.RAW MATERIALS
Some goods are used to create a different
product. These are usually raw materials
or partly finished items, such as steel, coal,
wood, and paper. These goods are often
unrecognizable in the final product.213
COMMAND VERSUS MIXED
The government takes control in a
command economy, and is in charge of
the country’s economic activity. However,
in a mixed economy, some industries, such
as health and transport, are publicly owned
and run by the government, but the rest
are privately owned.212_213_Economy.indd 213 10/01/19 2:26 PM