AutocraticA governmentwhere politicalpower is witha singleleaderTreatyofLisbonGDPGross DomesticProduct – Theestimated total valueof all the final goodsand servicesproduced in a nationwithin one yearEuropeanUnionCapitalGoodsThe factories,machinery, andtechnology, etc.necessary foran industryEconomicContinuumScale from 0 –100 that rankseconomiesfrom Command(0) to Market(100).MixedEconomyEconomicModel – ablend ofmarket,command, andtraditionalEmbargoA trade barrier thatplaces a block on alltrade with anothernation (The U.S.placed an embargoon trade with Cubawhile Castro wasleader).TradeBarrierSomething thatslows or blocksexchange ofgoods orservicesbetween nationsEntrepreneurshipPrivate citizenswho create newbusinessesindependentfrom thegovernmentTraditionalEconomyEconomicModel –Ruled bycustom, habit,and historyPrimeMinisterHead ofgovernmentinparliamentarydemocracyPresidentHead ofgovernmentinpresidentialdemocracyDemocraticA governmentwhere politicalpower is witha nation’scitizensHumanCapitalThe knowledge,skills, and relativehealth of a nation’slabor force. Typically,if a nation invests intheir human capital, itwill raise the nation’sGDP per capitaExchangeRateApproximate valueof one nation’scurrency in termsof another’s (Xamount Euros isequal to Y amountof Dollars)LiteracyRateThe percentageof a nation’spopulation whoare able to read& write and areover 15 years oldMarketEconomyEconomic Model –Laws of supplyand demanddetermine what isproduced andconsumed (not thegovernment)TariffA tradebarrier thatplaces a taxon importedgoodsCommandEconomyEconomic Model– Governmentmakes allbusiness &financialdecisionsQuotaA tradebarrier thatplaces a limiton importedgoodsParliamentCommonname given tolegislature inparliamentarydemocracyMaastrichtTreatyCurrencyExchangeConverting onenation’s moneyto another (inequivalentvalue)BarteringA trade orexchange of onegood/service foranother (nomoney isnecessary)AutocraticA governmentwhere politicalpower is witha singleleaderTreatyofLisbonGDPGross DomesticProduct – Theestimated total valueof all the final goodsand servicesproduced in a nationwithin one yearEuropeanUnionCapitalGoodsThe factories,machinery, andtechnology, etc.necessary foran industryEconomicContinuumScale from 0 –100 that rankseconomiesfrom Command(0) to Market(100).MixedEconomyEconomicModel – ablend ofmarket,command, andtraditionalEmbargoA trade barrier thatplaces a block on alltrade with anothernation (The U.S.placed an embargoon trade with Cubawhile Castro wasleader).TradeBarrierSomething thatslows or blocksexchange ofgoods orservicesbetween nationsEntrepreneurshipPrivate citizenswho create newbusinessesindependentfrom thegovernmentTraditionalEconomyEconomicModel –Ruled bycustom, habit,and historyPrimeMinisterHead ofgovernmentinparliamentarydemocracyPresidentHead ofgovernmentinpresidentialdemocracyDemocraticA governmentwhere politicalpower is witha nation’scitizensHumanCapitalThe knowledge,skills, and relativehealth of a nation’slabor force. Typically,if a nation invests intheir human capital, itwill raise the nation’sGDP per capitaExchangeRateApproximate valueof one nation’scurrency in termsof another’s (Xamount Euros isequal to Y amountof Dollars)LiteracyRateThe percentageof a nation’spopulation whoare able to read& write and areover 15 years oldMarketEconomyEconomic Model –Laws of supplyand demanddetermine what isproduced andconsumed (not thegovernment)TariffA tradebarrier thatplaces a taxon importedgoodsCommandEconomyEconomic Model– Governmentmakes allbusiness &financialdecisionsQuotaA tradebarrier thatplaces a limiton importedgoodsParliamentCommonname given tolegislature inparliamentarydemocracyMaastrichtTreatyCurrencyExchangeConverting onenation’s moneyto another (inequivalentvalue)BarteringA trade orexchange of onegood/service foranother (nomoney isnecessary)

European Government & Economy - 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. A government where political power is with a single leader
    Autocratic
  2. Treaty of Lisbon
  3. Gross Domestic Product – The estimated total value of all the final goods and services produced in a nation within one year
    GDP
  4. European Union
  5. The factories, machinery, and technology, etc. necessary for an industry
    Capital Goods
  6. Scale from 0 – 100 that ranks economies from Command (0) to Market (100).
    Economic Continuum
  7. Economic Model – a blend of market, command, and traditional
    Mixed Economy
  8. A trade barrier that places a block on all trade with another nation (The U.S. placed an embargo on trade with Cuba while Castro was leader).
    Embargo
  9. Something that slows or blocks exchange of goods or services between nations
    Trade Barrier
  10. Private citizens who create new businesses independent from the government
    Entrepreneurship
  11. Economic Model – Ruled by custom, habit, and history
    Traditional Economy
  12. Head of government in parliamentary democracy
    Prime Minister
  13. Head of government in presidential democracy
    President
  14. A government where political power is with a nation’s citizens
    Democratic
  15. The knowledge, skills, and relative health of a nation’s labor force. Typically, if a nation invests in their human capital, it will raise the nation’s GDP per capita
    Human Capital
  16. Approximate value of one nation’s currency in terms of another’s (X amount Euros is equal to Y amount of Dollars)
    Exchange Rate
  17. The percentage of a nation’s population who are able to read & write and are over 15 years old
    Literacy Rate
  18. Economic Model – Laws of supply and demand determine what is produced and consumed (not the government)
    Market Economy
  19. A trade barrier that places a tax on imported goods
    Tariff
  20. Economic Model – Government makes all business & financial decisions
    Command Economy
  21. A trade barrier that places a limit on imported goods
    Quota
  22. Common name given to legislature in parliamentary democracy
    Parliament
  23. Maastricht Treaty
  24. Converting one nation’s money to another (in equivalent value)
    Currency Exchange
  25. A trade or exchange of one good/service for another (no money is necessary)
    Bartering