•What toproduce?•How toproduce?•Whom toproduce it for? Skills,knowledge,educationTechnology,factories,machines,space craftsThingsthat yousell orproduceExchangingmoney withothercountriesPrivatebusinesses arein charge, butgovernmentregulates them Governmentmakes all theeconomicdecisions  Reduce tradebarriers, increasetrade in NorthAmerica, expandthe market forgoods and servicesTax onimportedgoodsCompleteban ontradingRawmaterialsfrom theearthBased oncustomsandbeliefsHigh literacyrate = highstandard oflivingSomeonewho starts abusiness;new ideas  investslittle incapitalgoodsWaltDisneyUS,Canada,& MexicoThe US’economy isstrongerthan Cuba’sPrivatebusinessesmake all theeconomicdecisionsInvestmentsin machineryandequipmentGold,oil,lumberCollege,nurse,bandpracticeLimit onimportedgoodsFreepubliceducation•What toproduce?•How toproduce?•Whom toproduce it for? Skills,knowledge,educationTechnology,factories,machines,space craftsThingsthat yousell orproduceExchangingmoney withothercountriesPrivatebusinesses arein charge, butgovernmentregulates them Governmentmakes all theeconomicdecisions  Reduce tradebarriers, increasetrade in NorthAmerica, expandthe market forgoods and servicesTax onimportedgoodsCompleteban ontradingRawmaterialsfrom theearthBased oncustomsandbeliefsHigh literacyrate = highstandard oflivingSomeonewho starts abusiness;new ideas  investslittle incapitalgoodsWaltDisneyUS,Canada,& MexicoThe US’economy isstrongerthan Cuba’sPrivatebusinessesmake all theeconomicdecisionsInvestmentsin machineryandequipmentGold,oil,lumberCollege,nurse,bandpracticeLimit onimportedgoodsFreepubliceducation

Economic Understandings of Latin America - 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. •What to produce? •How to produce? •Whom to produce it for?
  2. Skills, knowledge, education
  3. Technology, factories, machines, space crafts
  4. Things that you sell or produce
  5. Exchanging money with other countries
  6. Private businesses are in charge, but government regulates them
  7. Government makes all the economic decisions
  8. Reduce trade barriers, increase trade in North America, expand the market for goods and services
  9. Tax on imported goods
  10. Complete ban on trading
  11. Raw materials from the earth
  12. Based on customs and beliefs
  13. High literacy rate = high standard of living
  14. Someone who starts a business; new ideas
  15. invests little in capital goods
  16. Walt Disney
  17. US, Canada, & Mexico
  18. The US’ economy is stronger than Cuba’s
  19. Private businesses make all the economic decisions
  20. Investments in machinery and equipment
  21. Gold, oil, lumber
  22. College, nurse, band practice
  23. Limit on imported goods
  24. Free public education