Economic Understandings of Latin America

Economic Understandings of Latin America Bingo Card
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This bingo card has a free space and 24 words: •What to produce? •How to produce? •Whom to produce it for?, Tax on imported goods, Limit on imported goods, Complete ban on trading, Based on customs and beliefs, Government makes all the economic decisions, Private businesses make all the economic decisions, Private businesses are in charge, but government regulates them, Exchanging money with other countries, The US’ economy is stronger than Cuba’s, Skills, knowledge, education, Things that you sell or produce, Raw materials from the earth, Someone who starts a business; new ideas, Free public education, Investments in machinery and equipment, US, Canada, & Mexico, invests little in capital goods, Reduce trade barriers, increase trade in North America, expand the market for goods and services, High literacy rate = high standard of living, College, nurse, band practice, Technology, factories, machines, space crafts, Gold, oil, lumber and Walt Disney.

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