Banking,hairdressing and car washing are all examples of ________.

Question

Quizplus · Accepted Answer

Banking, hairdressing, and car washing are all examples of services, which are intangible products that are provided to customers to meet their needs or wants. Goods, on the other hand, are tangible products that can be bought and sold, while ideas refer to concepts or thoughts that may or may not have economic value. Exchanges and markets are broader concepts that encompass both goods and services, as well as the transactions and places where they are bought and sold. However, the specific examples given in the question all fall under the category of services.

Banking,hairdressing and Car Washing Are All Examples of ________