April 30

Social 10-1

I showed part of the award-winning documentary "The Corporation". As you watched this part of the video, you were to answer the questions on the film study sheet. I did a homework check on your Chapter 11 questions. One week from today (Wednesday, May 7th), you will be writing your Chapter 10-11 Test. Please see the study guide for the Chapter 10-11 Test.

Chapter 10-11 Test Study Guide:

This quiz has a matching section and a long 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:

• "Foundations of Economic Globalization"
• "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?

IB 20 HOTA

I gave you some time to work with your four options group debate on the War of 1812, and then we proceeded with the debate. I thought it was a spirited debate, with some really witty points being made. I do really appreciate you staying in a little into the lunch break so we could hear all of the closing remarks. We will look at Andrew Jackson's presidency tomorrow.

IB 30/35

We finished off "9/11: The Day that changed the World" today. I also showed you a CBC News in Review from September 2011. You should have copied down what I wrote up on the board today as well.