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

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