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Teams
Name
Score
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25
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How a government decides to distribute resources is called
allocation
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15
×
In this economy, the government answers all of the fundamental questions of economics
Command Economy
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15
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Goods sold by producers in one country to buyers in other countries
Exports
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25
×
Name the three fundamental questions of economics
What to produce? How to produce? Who to produce for?
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banana
Go to last place!
Oops!
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star
Double points!
Okay!
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shark
Other team loses 20 points!
Okay!
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thief
Give points!
5
10
15
20
25
15
×
Actions that people perform that we pay for
Services
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15
×
Most countries have this type of economy
Mixed
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15
×
The two types of labor needed with human resources
Mental Labor and Physical Labor
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lifesaver
Give 15 points!
Oops!
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rocket
Go to first place!
Okay!
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shark
Other team loses 25 points!
Okay!
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lifesaver
Give 20 points!
Oops!
15
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Goods brough in from other countries
Imports
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25
×
Name all four factors of production
Natural Resources, Capital Resources, Human Resources, Entreprenuership
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thief
Give points!
5
10
15
20
25
×
seesaw
Swap points!
Okay!
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shark
Other team loses 20 points!
Okay!
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baam
Lose 25 points!
Oops!
15
×
The percentage of people who can read and write in a country
Literacy Rate
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15
×
Tools that are created by humans to help them accomplish a task
Capital Resources
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boom
Lose 50 points!
Oops!
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shark
Other team loses 25 points!
Okay!
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rocket
Go to first place!
Okay!
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lifesaver
Give 10 points!
Oops!
20
×
Name the two categories of natural resources
Renewable and Non-Renewable
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×
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