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

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