Question

People who make goods and services are called _____ .

consumers
producers
investors

Answer 1

People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Answer 2

People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.