November 10

Social 30-1

I went through some disarmament talks and agreements today by writing some notes up on the board. If you missed class today, make sure that you get these notes from a classmate. Make sure that you know the difference between a bilateral and a multilateral agreement. I also gave you a note package on arms reduction agreements as well as a one page set of notes on the end of the Cold War. Be sure that you read these notes! On Thursday, we will be looking at McCarthyism in the United States in the 1950s (so we're backtracking a bit). To fully understand what we're doing in class on Thursday and Friday, it will be beneficial to re-read the section in Perspectives on Ideology on McCarthyism and to read up on Edward R. Murrow as well. Please check your e-mail, I'm sending you a political cartoon that deals nicely with neoconservatism and Ronald Reagan and the impact that he had on American foreign policy (a nice tie-in to Chapter 8 material). Please make sure that you are studying for the Chapter 7 Test which is on Monday, November 16th, please see the study guide here. Also, your Unit 2 Final Exam is next Thursday (November 19th), please see the study guide here (scroll down to find it).

Social 10-1

We watched another section of "The Corporation" today. I did a homework check on your Chapter 11 Questions today. One week from today, you will have your Chapter 10-11 Quiz. Please see the study guide below.

Chapter 10-11 Quiz Study Guide:

This quiz has a matching section and a short answer section. Please make sure that you review Chapters 10 and 11. Please review your answers to questions/activities from your Unit 3 worksheet, as well as the key terms (from Chapter 10-11 and from the PowerPoint presentations).

Please review the following two PowerPoint presentations:

1. "Foundations of Economic Globalization"

2. "Expansion of Economic Globalization"


You should know these key terms really well:

• Bretton Woods Agreement
• international monetary system
• fixed exchange rate
• gold standard
• floating exchange rate
• World Bank
• International Monetary Fund (IMF)
• centrally planned economy
• free market economy
• recession
• John Maynard Keynes
• Friedrich Hayek
• Milton Friedman
• totalitarian
• General Agreement on Tariffs and Trade (GATT)
• tariff
• World Trade Organization (WTO)
• Free Trade Agreement (FTA)
• North American Free Trade Agreement (NAFTA)
  

You should also be able to answer the following questions:

• What is economic globalization?
• How did 20th century world events shape contemporary economic globalization?
• What factors laid the foundations of contemporary global economics?
• What were the major global institutions that were created at the Bretton Woods Agreement?
• What are the major differences between the ideas of John Maynard Keynes and Friedrich Hayek?
• What factors contribute to expanding globalization?
• How do international agreements and organizations contribute to expanding globalization?
• How do transnational corporations contribute to expanding globalization?
• How do communication technologies contribute to expanding globalization?
• What are the benefits of the WTO system?
• What are some criticisms of the WTO?