ScarcityEconomicInterdependenceComparativeAdvantagesomethingthat peopledesire tohaveMassProductionEconomicFreedomtotal amount ofa specific goodor service thatis available toconsumers.MarketEconomyAdamSmithShortageEconomicEquityBarterGoodsVoluntaryExchangeConsumerAdamSmithEconomicStability1801ServicesTraditionalEconomyCoincidenceof WantsShortageSurplusEconomicModelEconomicGrowthMoneyCommandEconomyResources1776CommandEconomystates that at ahigher price,consumers willdemand a lowerquantity of agoodEconomicsResourceOpportunityCostLand, Capital,Labor,EntrepreneurshipMixedEconomythe loss ofpotential gain fromother alternativeswhen onealternative ischosen.IncomeEconomicSecurityScarcityEconomicInterdependenceComparativeAdvantagesomethingthat peopledesire tohaveMassProductionEconomicFreedomtotal amount ofa specific goodor service thatis available toconsumers.MarketEconomyAdamSmithShortageEconomicEquityBarterGoodsVoluntaryExchangeConsumerAdamSmithEconomicStability1801ServicesTraditionalEconomyCoincidenceof WantsShortageSurplusEconomicModelEconomicGrowthMoneyCommandEconomyResources1776CommandEconomystates that at ahigher price,consumers willdemand a lowerquantity of agoodEconomicsResourceOpportunityCostLand, Capital,Labor,EntrepreneurshipMixedEconomythe loss ofpotential gain fromother alternativeswhen onealternative ischosen.IncomeEconomicSecurity

Chapter 1-4 Economics Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. 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.


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  1. Scarcity
  2. Economic Interdependence
  3. Comparative Advantage
  4. something that people desire to have
  5. Mass Production
  6. Economic Freedom
  7. total amount of a specific good or service that is available to consumers.
  8. Market Economy
  9. Adam Smith
  10. Shortage
  11. Economic Equity
  12. Barter
  13. Goods
  14. Voluntary Exchange
  15. Consumer
  16. Adam Smith
  17. Economic Stability
  18. 1801
  19. Services
  20. Traditional Economy
  21. Coincidence of Wants
  22. Shortage
  23. Surplus
  24. Economic Model
  25. Economic Growth
  26. Money
  27. Command Economy
  28. Resources
  29. 1776
  30. Command Economy
  31. states that at a higher price, consumers will demand a lower quantity of a good
  32. Economics
  33. Resource
  34. Opportunity Cost
  35. Land, Capital, Labor, Entrepreneurship
  36. Mixed Economy
  37. the loss of potential gain from other alternatives when one alternative is chosen.
  38. Income
  39. Economic Security