This bingo card has a free space and 24 words: Things essential for survival, such as food, water, and shelter., The next best alternative given up when making a choice., A person who buys goods and services., A business or individual that makes goods or provides services., The quantity of a good or service producers are willing and able to sell., Demand usually falls., Supply usually increases., A general increase in prices over time., Money received from work or other sources., Income that is not spent., A plan for managing income and expenses., A physical item that satisfies a want or need., An action performed for someone else., Gross Domestic Product – the total value of goods and services produced in a country., When people who want work cannot find a job., An organisation that produces goods or services for profit., Money left after costs are subtracted from revenue., Money earned from sales., Land, Labour, Capital, and Enterprise., The study of how people make choices about using limited resources., Things people would like to have but do not need to survive., The limited availability of resources compared to unlimited wants., Factors of production. and The quantity of a good or service consumers are willing and able to buy..
Economics | Economics Bingo | Economics Bingo | Intro to Econ Bingo | Chapter 4 Definitions
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