Individuals whoactually need alarger vehicle(truck) will beaffected. FalseFreeridersto makethe poorbetter off 1950sand1960sThe social cost:bigger carsproduce moreemissions, biggercars are a risk todrivers in smallercars.adjustingprices toefficientlyallocateresourcesThe marketencouragesexternalities soit can’t solvethe problemsocialism andeconomicefficiency areincompatibleFriedrichEngles “Nudge”byRichardThaler.central planningboard mimicsmarket forcesby adjustingprices$28milliondollars Outputandpricinglevelsexploring therelationshipbetweensocialism andeconomicefficiency. reconsiderationof economicsystemslow-incomeworkers, facedwith inequality,would inevitablyrevolt againstthe wealthy Lessfinancialincentive forinnovationPublicownership ofthe means ofproductionNorwayCollectiveownership ofthe means ofproductionthe moresophisticatedour governmentinstitutionsneed to beTrueFalseKarlMarxmiddle groundbeyond the usualcategorization ofeconomic systemsinto capitalism andsocialismNon-functioninggovernments TrueNASASystem in whichthere is collectiveownership of themeans of production,central planning, anda broad emphasis onequalityBasicNeeds SpainSocialCosts Rightsfinding amiddle groundthroughmarketsocialismprovides amechanism forefficient resourceallocation withoutrelying on privateownership. WealthPrivateownership NorthKoreaPensionFourIsraelpresentinga nuancedperspectivebureaucraticissuesThecollapse ofthe SovietUnionhealthcareFormer ofSoviet Union,China, NorthKorea, andCuba More equitabledistribution ofgoods andservices, lesspressure tomaximize profitIndividuals whoactually need alarger vehicle(truck) will beaffected. FalseFreeridersto makethe poorbetter off 1950sand1960sThe social cost:bigger carsproduce moreemissions, biggercars are a risk todrivers in smallercars.adjustingprices toefficientlyallocateresourcesThe marketencouragesexternalities soit can’t solvethe problemsocialism andeconomicefficiency areincompatibleFriedrichEngles “Nudge”byRichardThaler.central planningboard mimicsmarket forcesby adjustingprices$28milliondollars Outputandpricinglevelsexploring therelationshipbetweensocialism andeconomicefficiency. reconsiderationof economicsystemslow-incomeworkers, facedwith inequality,would inevitablyrevolt againstthe wealthy Lessfinancialincentive forinnovationPublicownership ofthe means ofproductionNorwayCollectiveownership ofthe means ofproductionthe moresophisticatedour governmentinstitutionsneed to beTrueFalseKarlMarxmiddle groundbeyond the usualcategorization ofeconomic systemsinto capitalism andsocialismNon-functioninggovernments TrueNASASystem in whichthere is collectiveownership of themeans of production,central planning, anda broad emphasis onequalityBasicNeeds SpainSocialCosts Rightsfinding amiddle groundthroughmarketsocialismprovides amechanism forefficient resourceallocation withoutrelying on privateownership. WealthPrivateownership NorthKoreaPensionFourIsraelpresentinga nuancedperspectivebureaucraticissuesThecollapse ofthe SovietUnionhealthcareFormer ofSoviet Union,China, NorthKorea, andCuba More equitabledistribution ofgoods andservices, lesspressure tomaximize profit

Week 3 Bingo - 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. Individuals who actually need a larger vehicle (truck) will be affected.
  2. False
  3. Free riders
  4. to make the poor better off
  5. 1950s and 1960s
  6. The social cost: bigger cars produce more emissions, bigger cars are a risk to drivers in smaller cars.
  7. adjusting prices to efficiently allocate resources
  8. The market encourages externalities so it can’t solve the problem
  9. socialism and economic efficiency are incompatible
  10. Friedrich Engles
  11. “Nudge” by Richard Thaler.
  12. central planning board mimics market forces by adjusting prices
  13. $28 million dollars
  14. Output and pricing levels
  15. exploring the relationship between socialism and economic efficiency.
  16. reconsideration of economic systems
  17. low-income workers, faced with inequality, would inevitably revolt against the wealthy
  18. Less financial incentive for innovation
  19. Public ownership of the means of production
  20. Norway
  21. Collective ownership of the means of production
  22. the more sophisticated our government institutions need to be
  23. True
  24. False
  25. Karl Marx
  26. middle ground beyond the usual categorization of economic systems into capitalism and socialism
  27. Non-functioning governments
  28. True
  29. NASA
  30. System in which there is collective ownership of the means of production, central planning, and a broad emphasis on equality
  31. Basic Needs
  32. Spain
  33. Social Costs
  34. Rights
  35. finding a middle ground through market socialism
  36. provides a mechanism for efficient resource allocation without relying on private ownership.
  37. Wealth
  38. Private ownership
  39. North Korea
  40. Pension
  41. Four
  42. Israel
  43. presenting a nuanced perspective
  44. bureaucratic issues
  45. The collapse of the Soviet Union
  46. healthcare
  47. Former of Soviet Union, China, North Korea, and Cuba
  48. More equitable distribution of goods and services, less pressure to maximize profit