(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.
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I-all the things required by businesses to produce goods and services from raw materials
I-Physical Capital
N-the buildings, equipment, and human skills used to produce goods and services
N-Capital
N-any combination of possible outputs that lies outside the PPC curve; the point at which there are not enough resources to produce
N-unattainable point
G-a resource used to produce goods and services
G-factor of production
I-using limited resources to maximize production of goods and services
I-efficiency
I-This resource falls under the land factor of production
I-oil
B-the skills, knowledge, and experience possessed by people that adds value to their jobs
B-Human Capital
N-This resource falls under the capital factor of production
N-trucks & airplanes
I-the act of starting a business by bringing together all the other factors of production
I-Entrepreneurship
G-a graph showing the total possible amount of goods and services that can be produced with limited available resources
G-production possibilities curve (PPC)
N-This resource falls under the labor factor of production
N-engineers
B-all the renewable and nonrenewable natural resources used in the production process
B-Land
G-a simple PPC depicting all the possible combinations of defense goods and consumer goods produced in an economy
G-guns versus butter
B-using resources below their maximum efficiency
B-underutilization
G-labor the physical and mental efforts contributed by humans in the production process
G-labor