Market as institution bingo

Exercise and reference answers

Clues and terms

1. Clue

   Smith's unseen force in markets.

   Item

   Invisible hand

2. Clue

   Leave the market alone.

   Item

   Laissez-faire

3. Clue

   How economies sit in society.

   Item

   Embedded

4. Clue

   Weekly village market.

   Item

   Haat

5. Clue

   Traditional bill of exchange.

   Item

   Hundi

6. Clue

   Bottled water's fate.

   Item

   Commodified

7. Clue

   Weber's term for goods and rank.

   Item

   Status symbol

8. Clue

   Markets replace policy.

   Item

   Marketisation

9. Clue

   Government's guaranteed farm price.

   Item

   Support price

Instructions

Read each clue and tap the term it describes.

Explanation