The limitedavailability ofresourcescompared tounlimited wants. The quantity of agood or serviceproducers arewilling and ableto sell.Incomethat is notspent.A personwho buysgoods andservices. The next bestalternativegiven up whenmaking achoice. Things peoplewould like tohave but do notneed to survive.A plan formanagingincome andexpenses.A generalincreasein pricesover time.Factors ofproduction.An actionperformedfor someoneelse.Gross DomesticProduct – the totalvalue of goodsand servicesproduced in acountry.Thingsessential forsurvival, suchas food, water,and shelter. An organisationthat producesgoods orservices forprofit.Moneyearnedfromsales.Whenpeople whowant workcannot find ajob.Money leftafter costs aresubtractedfrom revenue.Land,Labour,Capital, andEnterprise. The study of howpeople makechoices aboutusing limitedresources.A physicalitem thatsatisfies awant orneed.Demandusuallyfalls.The quantity ofa good orserviceconsumers arewilling and ableto buy. Moneyreceived fromwork or othersources.Supplyusuallyincreases. A business orindividual thatmakes goodsor providesservices. The limitedavailability ofresourcescompared tounlimited wants. The quantity of agood or serviceproducers arewilling and ableto sell.Incomethat is notspent.A personwho buysgoods andservices. The next bestalternativegiven up whenmaking achoice. Things peoplewould like tohave but do notneed to survive.A plan formanagingincome andexpenses.A generalincreasein pricesover time.Factors ofproduction.An actionperformedfor someoneelse.Gross DomesticProduct – the totalvalue of goodsand servicesproduced in acountry.Thingsessential forsurvival, suchas food, water,and shelter. An organisationthat producesgoods orservices forprofit.Moneyearnedfromsales.Whenpeople whowant workcannot find ajob.Money leftafter costs aresubtractedfrom revenue.Land,Labour,Capital, andEnterprise. The study of howpeople makechoices aboutusing limitedresources.A physicalitem thatsatisfies awant orneed.Demandusuallyfalls.The quantity ofa good orserviceconsumers arewilling and ableto buy. Moneyreceived fromwork or othersources.Supplyusuallyincreases. A business orindividual thatmakes goodsor providesservices.

Economic - Call List

(Print) Use this randomly generated list as your call list when playing the game. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
N
2
O
3
O
4
N
5
I
6
I
7
B
8
N
9
G
10
G
11
O
12
B
13
I
14
G
15
B
16
N
17
O
18
B
19
I
20
B
21
O
22
G
23
I
24
G
  1. N- The limited availability of resources compared to unlimited wants.
  2. O- The quantity of a good or service producers are willing and able to sell.
  3. O-Income that is not spent.
  4. N-A person who buys goods and services.
  5. I- The next best alternative given up when making a choice.
  6. I- Things people would like to have but do not need to survive.
  7. B-A plan for managing income and expenses.
  8. N-A general increase in prices over time.
  9. G-Factors of production.
  10. G-An action performed for someone else.
  11. O-Gross Domestic Product – the total value of goods and services produced in a country.
  12. B-Things essential for survival, such as food, water, and shelter.
  13. I- An organisation that produces goods or services for profit.
  14. G-Money earned from sales.
  15. B-When people who want work cannot find a job.
  16. N-Money left after costs are subtracted from revenue.
  17. O-Land, Labour, Capital, and Enterprise.
  18. B- The study of how people make choices about using limited resources.
  19. I-A physical item that satisfies a want or need.
  20. B-Demand usually falls.
  21. O-The quantity of a good or service consumers are willing and able to buy.
  22. G- Money received from work or other sources.
  23. I-Supply usually increases.
  24. G- A business or individual that makes goods or provides services.