Goods and services

Content

• What are assets?
• What are the services?
• Differences between goods and services
• Examples of goods
• Examples of 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 societies.

What are assets?

By 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 are bought or negotiable.

Goods can be of various types, such as:

• Furniture. Goods that can be moved from one place to another without deteriorating them, such as a portable object or any household appliance.
• Estate. Goods that cannot be moved without deteriorating them or changing their nature, such as buildings.
• Tangible. Those objects that we can grasp, touch, hand over to another, such as a cup of coffee.
• Intangibles. Those objects whose virtuality or cultural character makes them impossible to hold, such as national values ​​or as a software program.

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) at the request 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 also made use of the services of a seller, a distributor of the merchandise, an eventual technical support, etc.

However, goods are usually considered structural, that is, they can be renegotiated, inherited or transferred, while services occur in a specific period and moment, since they are exhausted in time. Goods can be returned: a service, instead, 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 20th century. The Internet, telecommunications and the virtual world involve 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 the work of materials to make surfaces is an example of movable (movable) goods that can be consumed at will and that are, incidentally, essential 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 they would surely be no 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 apparel, hand in hand with fashion and the advertising force, is one of the inexhaustible offers of consumable movable goods, which handles a truly gigantic volume of national and international merchandise.
9. Automobiles and motorcycles. The transportation industry encompasses automobiles of all kinds, motorcycles, alternative vehicles, and a whole range of mechanical goods dependent on the fuel industry and enabling transportation services.
10. Jewels and precious goods. These goods are characterized by not having a value based on their usefulness, 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 Durable and Non-Durable Goods
• Examples of Free and Economic Goods
• Examples of Intermediate Goods
• Examples of Tangible and Intangible Assets

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 populations, this sector represents an indispensable service for life in society, since they allow the rapid movement of workers.
3. Domestic cleaning services. It refers to the janitors (porterías) of 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 the cell phone 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 attend to particular cases and allow the repair or start-up of various devices (increasingly numerous and necessary).
8. Educational services. Both formal, academic, promoted by the State or private, and informal in the case of workshops, courses and seminars. They are the services of professional training and spreading of information and culture.
9. Medical services. In its gigantic range of specialties, doctors provide a prevention and emergency service of the 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, the transport of merchandise and distribution, either on a large scale (international) or on a local scale, are responsible for ensuring the mobility and flow of goods produced by the manufacturing and primary sectors.