Economic Exchange Vocabulary Review | Baamboozle - Baamboozle

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Team 2
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Score

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15

Which type of exchange uses money? Monetary exchange or barter

Monetary exchange

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15

Trading of goods or services with money.

Monetary Exchange

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15

Which type of exchange does NOT use money?

Barter

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15

Someone who buys goods and uses services is a producer or a consumer?

Consumer

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banana

Go to last place!

Oops!

star

Double points!

Okay!

shark

Other team loses 10 points!

Okay!

banana

Go to last place!

Oops!

15

Any kind of work performed for others. An action that can satisfy people’s wants. Good or service?

Service

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15

A person who makes a good or provides a service is a consumer or producer?

Producer

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15

Something you can use or eat. An object that satisfies a want. Good or service?

Good

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lifesaver

Give 25 points!

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rocket

Go to first place!

Okay!

fairy

Take points!

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banana

Go to last place!

Oops!

15

People who specialize in producing only one good or service such as a teacher or hairdresser are called a _____?

Specialist

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15

Both people must be happy when they make a _____ ?

Trade

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seesaw

Swap points!

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gold

Win 50 points!

Okay!

fairy

Take points!

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25

lifesaver

Give 25 points!

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15

An exchange of goods or services where both people must be happy is called a...

Trade

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15

What is a trade of goods or services without using money?

Barter

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