investslittle incapitalgoodsLimit onimportedgoodsExchangingmoney withothercountriesBased oncustomsandbeliefs Governmentmakes all theeconomicdecisions  FreepubliceducationSkills,knowledge,educationPrivatebusinessesmake all theeconomicdecisionsCompleteban ontradingTax onimportedgoodsUS,Canada,& Mexico•What toproduce?•How toproduce?•Whom toproduce it for? Investmentsin machineryandequipmentReduce tradebarriers, increasetrade in NorthAmerica, expandthe market forgoods and servicesRawmaterialsfrom theearthSomeonewho starts abusiness;new ideas  High literacyrate = highstandard oflivingPrivatebusinesses arein charge, butgovernmentregulates themGold,oil,lumberWaltDisneyTechnology,factories,machines,space craftsThe US’economy isstrongerthan Cuba’sThingsthat yousell orproduceCollege,nurse,bandpracticeinvestslittle incapitalgoodsLimit onimportedgoodsExchangingmoney withothercountriesBased oncustomsandbeliefs Governmentmakes all theeconomicdecisions  FreepubliceducationSkills,knowledge,educationPrivatebusinessesmake all theeconomicdecisionsCompleteban ontradingTax onimportedgoodsUS,Canada,& Mexico•What toproduce?•How toproduce?•Whom toproduce it for? Investmentsin machineryandequipmentReduce tradebarriers, increasetrade in NorthAmerica, expandthe market forgoods and servicesRawmaterialsfrom theearthSomeonewho starts abusiness;new ideas  High literacyrate = highstandard oflivingPrivatebusinesses arein charge, butgovernmentregulates themGold,oil,lumberWaltDisneyTechnology,factories,machines,space craftsThe US’economy isstrongerthan Cuba’sThingsthat yousell orproduceCollege,nurse,bandpractice

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