Economics Review | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Things or products made by others that we want or need.

goods

How did Juliette Gordon Lowe show compassion?

By including ALL girls in Girl Scouts

When there are not enough resources to provide everything people need or want, we have

scarcity

The study of money

economics

If I get a good or service because I win a race, that is called

contest

If I get a good or service because I took it from someone, that is called

force

Name one good.

answers will vary

To use or give up money to buy goods or services

spend

True or False: Juliette Gordon Lowe wanted most girls to be able to join the Girl Scouts.

False. She wanted ALL girls to be able to join the Girl Scouts

Activities or jobs done by others that we want or need.

services

How did Juliette Gordon Lowe show leadership?

By leading the Girl Scouts

To keep or not spend money NOW, so the money can be used LATER

save

To decide who gets something or to give out

allocate

Name one service.

answers will vary

If I get enough money, that is called.... (majority rule, price, first-come first-serviced, or force)

price

To trade or exchange goods and services for other goods and services

barter

If I decide who gets a good or service because I'm in charge, that's called... (contest, lottery, authority, or sharing)

authority

Things we can use to meet our needs or wants, like money, nature, people, and tools.

resources

What you give up when you choose to buy or get something else

opportunity cost

How did Juliette Gordon Lowe show patience?

By being deaf

Name 2 services.

answers will vary

Juliette Gordon Lowe is known for her work with what group?

Girl Scouts

Name 2 goods.

answers will vary