Moneyearnedfromsales. An organisationthat producesgoods orservices forprofit. The limitedavailability ofresourcescompared tounlimited wants.A personwho buysgoods andservices.Supplyusuallyincreases.Demandusuallyfalls.Gross DomesticProduct – the totalvalue of goodsand servicesproduced in acountry.Land,Labour,Capital, andEnterprise. The quantity of agood or serviceproducers arewilling and ableto sell.A plan formanagingincome andexpenses.Incomethat is notspent. The next bestalternativegiven up whenmaking achoice.Thingsessential forsurvival, suchas food, water,and shelter.A generalincreasein pricesover time.Money leftafter costs aresubtractedfrom revenue. Moneyreceived fromwork or othersources.The quantity ofa good orserviceconsumers arewilling and ableto buy. Things peoplewould like tohave but do notneed to survive. The study of howpeople makechoices aboutusing limitedresources.A physicalitem thatsatisfies awant orneed.Whenpeople whowant workcannot find ajob.Factors ofproduction.An actionperformedfor someoneelse. A business orindividual thatmakes goodsor providesservices.Moneyearnedfromsales. An organisationthat producesgoods orservices forprofit. The limitedavailability ofresourcescompared tounlimited wants.A personwho buysgoods andservices.Supplyusuallyincreases.Demandusuallyfalls.Gross DomesticProduct – the totalvalue of goodsand servicesproduced in acountry.Land,Labour,Capital, andEnterprise. The quantity of agood or serviceproducers arewilling and ableto sell.A plan formanagingincome andexpenses.Incomethat is notspent. The next bestalternativegiven up whenmaking achoice.Thingsessential forsurvival, suchas food, water,and shelter.A generalincreasein pricesover time.Money leftafter costs aresubtractedfrom revenue. Moneyreceived fromwork or othersources.The quantity ofa good orserviceconsumers arewilling and ableto buy. Things peoplewould like tohave but do notneed to survive. The study of howpeople makechoices aboutusing limitedresources.A physicalitem thatsatisfies awant orneed.Whenpeople whowant workcannot find ajob.Factors ofproduction.An actionperformedfor someoneelse. 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
G
2
I
3
N
4
N
5
I
6
B
7
O
8
O
9
O
10
B
11
O
12
I
13
B
14
N
15
N
16
G
17
O
18
I
19
B
20
I
21
B
22
G
23
G
24
G
  1. G-Money earned from sales.
  2. I- An organisation that produces goods or services for profit.
  3. N- The limited availability of resources compared to unlimited wants.
  4. N-A person who buys goods and services.
  5. I-Supply usually increases.
  6. B-Demand usually falls.
  7. O-Gross Domestic Product – the total value of goods and services produced in a country.
  8. O-Land, Labour, Capital, and Enterprise.
  9. O- The quantity of a good or service producers are willing and able to sell.
  10. B-A plan for managing income and expenses.
  11. O-Income that is not spent.
  12. I- The next best alternative given up when making a choice.
  13. B-Things essential for survival, such as food, water, and shelter.
  14. N-A general increase in prices over time.
  15. N-Money left after costs are subtracted from revenue.
  16. G- Money received from work or other sources.
  17. O-The quantity of a good or service consumers are willing and able to buy.
  18. I- Things people would like to have but do not need to survive.
  19. B- The study of how people make choices about using limited resources.
  20. I-A physical item that satisfies a want or need.
  21. B-When people who want work cannot find a job.
  22. G-Factors of production.
  23. G-An action performed for someone else.
  24. G- A business or individual that makes goods or provides services.