TreatyofLisbonQuotaA tradebarrier thatplaces a limiton importedgoodsEmbargoA trade barrier thatplaces a block on alltrade with anothernation (The U.S.placed an embargoon trade with Cubawhile Castro wasleader).HumanCapitalThe knowledge,skills, and relativehealth of a nation’slabor force. Typically,if a nation invests intheir human capital, itwill raise the nation’sGDP per capitaPresidentHead ofgovernmentinpresidentialdemocracyLiteracyRateThe percentageof a nation’spopulation whoare able to read& write and areover 15 years oldEconomicContinuumScale from 0 –100 that rankseconomiesfrom Command(0) to Market(100).TariffA tradebarrier thatplaces a taxon importedgoodsDemocraticA governmentwhere politicalpower is witha nation’scitizensEntrepreneurshipPrivate citizenswho create newbusinessesindependentfrom thegovernmentCommandEconomyEconomic Model– Governmentmakes allbusiness &financialdecisionsMarketEconomyEconomic Model –Laws of supplyand demanddetermine what isproduced andconsumed (not thegovernment)ExchangeRateApproximate valueof one nation’scurrency in termsof another’s (Xamount Euros isequal to Y amountof Dollars)MixedEconomyEconomicModel – ablend ofmarket,command, andtraditionalGDPGross DomesticProduct – Theestimated total valueof all the final goodsand servicesproduced in a nationwithin one yearPrimeMinisterHead ofgovernmentinparliamentarydemocracyTradeBarrierSomething thatslows or blocksexchange ofgoods orservicesbetween nationsTraditionalEconomyEconomicModel –Ruled bycustom, habit,and historyCapitalGoodsThe factories,machinery, andtechnology, etc.necessary foran industryCurrencyExchangeConverting onenation’s moneyto another (inequivalentvalue)ParliamentCommonname given tolegislature inparliamentarydemocracyEuropeanUnionAutocraticA governmentwhere politicalpower is witha singleleaderMaastrichtTreatyBarteringA trade orexchange of onegood/service foranother (nomoney isnecessary)TreatyofLisbonQuotaA tradebarrier thatplaces a limiton importedgoodsEmbargoA trade barrier thatplaces a block on alltrade with anothernation (The U.S.placed an embargoon trade with Cubawhile Castro wasleader).HumanCapitalThe knowledge,skills, and relativehealth of a nation’slabor force. Typically,if a nation invests intheir human capital, itwill raise the nation’sGDP per capitaPresidentHead ofgovernmentinpresidentialdemocracyLiteracyRateThe percentageof a nation’spopulation whoare able to read& write and areover 15 years oldEconomicContinuumScale from 0 –100 that rankseconomiesfrom Command(0) to Market(100).TariffA tradebarrier thatplaces a taxon importedgoodsDemocraticA governmentwhere politicalpower is witha nation’scitizensEntrepreneurshipPrivate citizenswho create newbusinessesindependentfrom thegovernmentCommandEconomyEconomic Model– Governmentmakes allbusiness &financialdecisionsMarketEconomyEconomic Model –Laws of supplyand demanddetermine what isproduced andconsumed (not thegovernment)ExchangeRateApproximate valueof one nation’scurrency in termsof another’s (Xamount Euros isequal to Y amountof Dollars)MixedEconomyEconomicModel – ablend ofmarket,command, andtraditionalGDPGross DomesticProduct – Theestimated total valueof all the final goodsand servicesproduced in a nationwithin one yearPrimeMinisterHead ofgovernmentinparliamentarydemocracyTradeBarrierSomething thatslows or blocksexchange ofgoods orservicesbetween nationsTraditionalEconomyEconomicModel –Ruled bycustom, habit,and historyCapitalGoodsThe factories,machinery, andtechnology, etc.necessary foran industryCurrencyExchangeConverting onenation’s moneyto another (inequivalentvalue)ParliamentCommonname given tolegislature inparliamentarydemocracyEuropeanUnionAutocraticA governmentwhere politicalpower is witha singleleaderMaastrichtTreatyBarteringA 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. Treaty of Lisbon
  2. A trade barrier that places a limit on imported goods
    Quota
  3. 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
  4. 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
  5. Head of government in presidential democracy
    President
  6. The percentage of a nation’s population who are able to read & write and are over 15 years old
    Literacy Rate
  7. Scale from 0 – 100 that ranks economies from Command (0) to Market (100).
    Economic Continuum
  8. A trade barrier that places a tax on imported goods
    Tariff
  9. A government where political power is with a nation’s citizens
    Democratic
  10. Private citizens who create new businesses independent from the government
    Entrepreneurship
  11. Economic Model – Government makes all business & financial decisions
    Command Economy
  12. Economic Model – Laws of supply and demand determine what is produced and consumed (not the government)
    Market Economy
  13. Approximate value of one nation’s currency in terms of another’s (X amount Euros is equal to Y amount of Dollars)
    Exchange Rate
  14. Economic Model – a blend of market, command, and traditional
    Mixed Economy
  15. Gross Domestic Product – The estimated total value of all the final goods and services produced in a nation within one year
    GDP
  16. Head of government in parliamentary democracy
    Prime Minister
  17. Something that slows or blocks exchange of goods or services between nations
    Trade Barrier
  18. Economic Model – Ruled by custom, habit, and history
    Traditional Economy
  19. The factories, machinery, and technology, etc. necessary for an industry
    Capital Goods
  20. Converting one nation’s money to another (in equivalent value)
    Currency Exchange
  21. Common name given to legislature in parliamentary democracy
    Parliament
  22. European Union
  23. A government where political power is with a single leader
    Autocratic
  24. Maastricht Treaty
  25. A trade or exchange of one good/service for another (no money is necessary)
    Bartering