Which of the following organizations is an example of the goods-producing sector of the economy?
A)Ford Motor Company
B)University of Toronto
C)Children's Hospital
D)H & R Block Tax Consulting Firms in the goods-producing sector produce tangible products.Of the organizations listed in this question,only Ford Motor Company produces a tangible product.

Question

Quizplus · Accepted Answer

Only Ford Motor Company is a goods-producing sector organization because it produces tangible products (i.e. cars). The other options are service sector organizations (i.e. educational institutions, hospitals, and tax consulting firms).

Which of the Following Organizations Is an Example of the Goods-Producing