SpecializationA product a countrymakes that is best andthat are indemand on the worldmarket is a way to builda profitable economy andto earn money to buyitems that cannot bemade locally.One countryannounces thatit will no longeror stop tradewithanother country.GrossDomesticProductEconomyA tax placed ongoods when theyare brought(imported) into onecountry fromanother country.A person whostarts, organizesand operates abrand newbusiness orbusinesses.HumanCapitalExportEmbargoInvestmentTariffExchangeRateSomething that isused as a medium ofexchange or trade,each country tends tohave their own ofthis, for example: adollar.Currencyproducts a countrysells, this is agood EXITING thecountry to betraded or providemoney in return.Limiting theamount offoreign goodsthat can comeinto acountry.a country’sGDP dividedby thepopulationamountLiteracyRateGrossDomesticProductPer CapitaEntrepreneurA system ofchanging onetype of currencyto anotherbetween twocountries.the amount ofcitizens who can readand write within acountry, usuallyrepresented througha percentageQuotaproducts acountry buys,this is a goodENTERING thecountryto be used.ImportThe total valueof all goods andservicesproduced by acountry in asingle year.CapitalGoodsThe factories,machines, andtechnology thatpeople useto make otheritems for buyingand selling.The way a countrymanages its moneyand resources (suchasworkers and land) toproduce, buy, andsell goods andservices.SpecializationA product a countrymakes that is best andthat are indemand on the worldmarket is a way to builda profitable economy andto earn money to buyitems that cannot bemade locally.One countryannounces thatit will no longeror stop tradewithanother country.GrossDomesticProductEconomyA tax placed ongoods when theyare brought(imported) into onecountry fromanother country.A person whostarts, organizesand operates abrand newbusiness orbusinesses.HumanCapitalExportEmbargoInvestmentTariffExchangeRateSomething that isused as a medium ofexchange or trade,each country tends tohave their own ofthis, for example: adollar.Currencyproducts a countrysells, this is agood EXITING thecountry to betraded or providemoney in return.Limiting theamount offoreign goodsthat can comeinto acountry.a country’sGDP dividedby thepopulationamountLiteracyRateGrossDomesticProductPer CapitaEntrepreneurA system ofchanging onetype of currencyto anotherbetween twocountries.the amount ofcitizens who can readand write within acountry, usuallyrepresented througha percentageQuotaproducts acountry buys,this is a goodENTERING thecountryto be used.ImportThe total valueof all goods andservicesproduced by acountry in asingle year.CapitalGoodsThe factories,machines, andtechnology thatpeople useto make otheritems for buyingand selling.The way a countrymanages its moneyand resources (suchasworkers and land) toproduce, buy, andsell goods andservices.

Unit 3: Impact of Oil and the Economy of Southwest Asia Vocabulary - 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
I
2
I
3
G
4
I
5
I
6
B
7
G
8
N
9
G
10
N
11
G
12
N
13
B
14
B
15
B
16
N
17
G
18
N
19
G
20
B
21
G
22
N
23
I
24
B
25
B
26
N
27
I
28
I
29
G
30
N
  1. I-Specialization
  2. I-A product a country makes that is best and that are in demand on the world market is a way to build a profitable economy and to earn money to buy items that cannot be made locally.
  3. G-One country announces that it will no longer or stop trade with another country.
  4. I-Gross Domestic Product
  5. I-Economy
  6. B-A tax placed on goods when they are brought (imported) into one country from another country.
  7. G-A person who starts, organizes and operates a brand new business or businesses.
  8. N-Human Capital
  9. G-Export
  10. N-Embargo
  11. G-Investment
  12. N-Tariff
  13. B-Exchange Rate
  14. B-Something that is used as a medium of exchange or trade, each country tends to have their own of this, for example: a dollar.
  15. B-Currency
  16. N-products a country sells, this is a good EXITING the country to be traded or provide money in return.
  17. G-Limiting the amount of foreign goods that can come into a country.
  18. N-a country’s GDP divided by the population amount
  19. G-Literacy Rate
  20. B-Gross Domestic Product Per Capita
  21. G-Entrepreneur
  22. N-A system of changing one type of currency to another between two countries.
  23. I-the amount of citizens who can read and write within a country, usually represented through a percentage
  24. B-Quota
  25. B-products a country buys, this is a good ENTERING the country to be used.
  26. N-Import
  27. I-The total value of all goods and services produced by a country in a single year.
  28. I-Capital Goods
  29. G-The factories, machines, and technology that people use to make other items for buying and selling.
  30. N-The way a country manages its money and resources (such as workers and land) to produce, buy, and sell goods and services.