If the baker uses a bag of flour to bake bread, he cannot use the same bag of flour to bake cakes. Individuals specialize in jobs they do best, too. Consumers use the goods and services produced to satisfy their wants and needs. Individuals are both producers and consumers. Poster entry must illustrate both concepts .
Goods are tangible objects desired by consumers and supplied by producers.
Services are intangible outputs produced in the economy. Examples of services would be teaching, medical services, banking, etc. Poster entry must illustrate both concepts. Contest Entry Form Click here to go to the contest entry form which can be downloaded and printed. Click here to view samples from the 2000-01 Iowa contest .