production, distribution, consumption, goods, and services.

Production is how the companies make there products like a clothing company or a toy company. Distribution is how the companies sell their products to other companies. Consumption is how we buy products like how we buy clothes or toys and cars. Goods are things we need or want like when we need water or we want a new game we buy these goods. A service is like a doctor or a teacher or entertainer. We use all of these things in everyday life .People work in factories to send their products to stores where employees sell them to us where we take them home and consume them.