QuotaGrossDomesticProducta country’sGDP dividedby thepopulationamountEmbargoSpecializationA 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.A system ofchanging onetype of currencyto anotherbetween twocountries.CurrencyExchangeRateTariffThe factories,machines, andtechnology thatpeople useto make otheritems for buyingand selling.LiteracyRateExportThe total valueof all goods andservicesproduced by acountry in asingle year.HumanCapitalthe amount ofcitizens who can readand write within acountry, usuallyrepresented througha percentageThe way a countrymanages its moneyand resources (suchasworkers and land) toproduce, buy, andsell goods andservices.CapitalGoodsEntrepreneurInvestmentGrossDomesticProductPer CapitaOne countryannounces thatit will no longeror stop tradewithanother country.Importproducts acountry buys,this is a goodENTERING thecountryto be used.Something that isused as a medium ofexchange or trade,each country tends tohave their own ofthis, for example: adollar.Economyproducts a countrysells, this is agood EXITING thecountry to betraded or providemoney in return.A person whostarts, organizesand operates abrand newbusiness orbusinesses.Limiting theamount offoreign goodsthat can comeinto acountry.A tax placed ongoods when theyare brought(imported) into onecountry fromanother country.QuotaGrossDomesticProducta country’sGDP dividedby thepopulationamountEmbargoSpecializationA 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.A system ofchanging onetype of currencyto anotherbetween twocountries.CurrencyExchangeRateTariffThe factories,machines, andtechnology thatpeople useto make otheritems for buyingand selling.LiteracyRateExportThe total valueof all goods andservicesproduced by acountry in asingle year.HumanCapitalthe amount ofcitizens who can readand write within acountry, usuallyrepresented througha percentageThe way a countrymanages its moneyand resources (suchasworkers and land) toproduce, buy, andsell goods andservices.CapitalGoodsEntrepreneurInvestmentGrossDomesticProductPer CapitaOne countryannounces thatit will no longeror stop tradewithanother country.Importproducts acountry buys,this is a goodENTERING thecountryto be used.Something that isused as a medium ofexchange or trade,each country tends tohave their own ofthis, for example: adollar.Economyproducts a countrysells, this is agood EXITING thecountry to betraded or providemoney in return.A person whostarts, organizesand operates abrand newbusiness orbusinesses.Limiting theamount offoreign goodsthat can comeinto acountry.A tax placed ongoods when theyare brought(imported) into onecountry fromanother country.

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
B
2
I
3
N
4
N
5
I
6
I
7
N
8
B
9
B
10
N
11
G
12
G
13
G
14
I
15
N
16
I
17
N
18
I
19
G
20
G
21
B
22
G
23
N
24
B
25
B
26
I
27
N
28
G
29
G
30
B
  1. B-Quota
  2. I-Gross Domestic Product
  3. N-a country’s GDP divided by the population amount
  4. N-Embargo
  5. I-Specialization
  6. 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.
  7. N-A system of changing one type of currency to another between two countries.
  8. B-Currency
  9. B-Exchange Rate
  10. N-Tariff
  11. G-The factories, machines, and technology that people use to make other items for buying and selling.
  12. G-Literacy Rate
  13. G-Export
  14. I-The total value of all goods and services produced by a country in a single year.
  15. N-Human Capital
  16. I-the amount of citizens who can read and write within a country, usually represented through a percentage
  17. N-The way a country manages its money and resources (such as workers and land) to produce, buy, and sell goods and services.
  18. I-Capital Goods
  19. G-Entrepreneur
  20. G-Investment
  21. B-Gross Domestic Product Per Capita
  22. G-One country announces that it will no longer or stop trade with another country.
  23. N-Import
  24. B-products a country buys, this is a good ENTERING the country to be used.
  25. 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.
  26. I-Economy
  27. N-products a country sells, this is a good EXITING the country to be traded or provide money in return.
  28. G-A person who starts, organizes and operates a brand new business or businesses.
  29. G-Limiting the amount of foreign goods that can come into a country.
  30. B-A tax placed on goods when they are brought (imported) into one country from another country.