Team 1
0
Team 2
0
Teams
Name
Score
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15
×
Demand
How many customers want the goods.
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Check
15
×
Physical Capital
The factories, machines, technologies, buildings, and property needed by businesses to operate.
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15
×
Command Economy
The government owns the industries and makes the economic decisions.
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Check
Okay!
Check
15
×
Exchange Rate
A fee that you pay to trade your money for another currency.
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Okay!
Check
×
heart
Other team wins 25 points!
Oops!
×
magnet
Take 25 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
baam
Lose 20 points!
Oops!
15
×
Gross Domestic Product (GDP)
the total value of all goods and services produced within a country during a given year.
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Okay!
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15
×
Consumer
Customer
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15
×
Supply
Amount of goods available.
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Okay!
Check
×
thief
Give points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 10 points!
Oops!
15
×
Standard of Living
How rich or poor a country is.
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Okay!
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×
seesaw
Swap points!
Oops!
×
rocket
Go to first place!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 10 points!
Oops!
15
×
Embargo
Government order to stop trading with another country.
Oops!
Check
Okay!
Check
15
×
Tariff
A tax on imported goods
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Okay!
Check
15
×
Quota
A specific limit placed on the number of imports that may enter a country.
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15
×
Natural Resources
"Gifts of nature" such as forests, water, minerals, and fertile soil.
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Okay!
Check
15
×
Literacy Rate
percentage of people who can read and write in a country.
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Check
Okay!
Check
×
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