Example ofinfrastructurenot owned ina plannedeconomyThis is adifferencebetweencommunismand socialismPhrase meaning:the primary focusis on producingwhat people need,not highest profitmargin  Where workersjoin together tooverthrow thecapitalist classWrote theCommunistManifestoA negativetrait of aplannedeconomy  The price ofgoods andservices isdriven by this ina free market  Economicsystem wheregovernmentcontrols theeconomyAncientGreekphilosopherwhose utopiawas socialistThis type ofeconomypreventsmonopolies inkey industries Rule that peopleshould competefreely withoutinterference fromgovernment or anyother outside force   Mostmarketstoday are:Metaphor for theunseen forces,like self-interest,that move thefree market  The government’shands offapproach to allowthe free market tooccur  Who decidesprices andsalaries in acommandsystem  Under this,privatepropertydoes notexistWhocontrolsthe markettodayWroteWealth ofNations   Self-regulatedeconomy thatruns on thelaws of demandand supply  Whatdetermines/movesthe market,determines what isproduced and bywhom ProtectssocietiesmostvulnerablefinanciallyCountry inthe worldwith fullcommandeconomy Commandsystemprevents thisin keyindustriesA negativeconsequenceof capitalism  Example ofinfrastructurenot owned ina plannedeconomyThis is adifferencebetweencommunismand socialismPhrase meaning:the primary focusis on producingwhat people need,not highest profitmargin  Where workersjoin together tooverthrow thecapitalist classWrote theCommunistManifestoA negativetrait of aplannedeconomy  The price ofgoods andservices isdriven by this ina free market  Economicsystem wheregovernmentcontrols theeconomyAncientGreekphilosopherwhose utopiawas socialistThis type ofeconomypreventsmonopolies inkey industries Rule that peopleshould competefreely withoutinterference fromgovernment or anyother outside force   Mostmarketstoday are:Metaphor for theunseen forces,like self-interest,that move thefree market  The government’shands offapproach to allowthe free market tooccur  Who decidesprices andsalaries in acommandsystem  Under this,privatepropertydoes notexistWhocontrolsthe markettodayWroteWealth ofNations   Self-regulatedeconomy thatruns on thelaws of demandand supply  Whatdetermines/movesthe market,determines what isproduced and bywhom ProtectssocietiesmostvulnerablefinanciallyCountry inthe worldwith fullcommandeconomy Commandsystemprevents thisin keyindustriesA negativeconsequenceof capitalism  

Economic Ideas 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. Example of infrastructure not owned in a planned economy
  2. This is a difference between communism and socialism
  3. Phrase meaning: the primary focus is on producing what people need, not highest profit margin
  4. Where workers join together to overthrow the capitalist class
  5. Wrote the Communist Manifesto
  6. A negative trait of a planned economy
  7. The price of goods and services is driven by this in a free market
  8. Economic system where government controls the economy
  9. Ancient Greek philosopher whose utopia was socialist
  10. This type of economy prevents monopolies in key industries
  11. Rule that people should compete freely without interference from government or any other outside force
  12. Most markets today are:
  13. Metaphor for the unseen forces, like self-interest, that move the free market
  14. The government’s hands off approach to allow the free market to occur
  15. Who decides prices and salaries in a command system
  16. Under this, private property does not exist
  17. Who controls the market today
  18. Wrote Wealth of Nations
  19. Self-regulated economy that runs on the laws of demand and supply
  20. What determines/moves the market, determines what is produced and by whom
  21. Protects societies most vulnerable financially
  22. Country in the world with full command economy
  23. Command system prevents this in key industries
  24. A negative consequence of capitalism