Social 30-1
You wrote your Ideological Reaction to Industrialization Test today, which took some of you the entire period to write. On Thursday, October 16th you will write your Market and Mixed Economy Test, please see the study guide below.
Market and Mixed Economy Test Study Guide:
This test is on Thursday, October 16th and it is a multiple choice format test. There are 70 multiple choice questions on the exam. Please study the following:
- business cycle
- laws of supply and demand, Adam Smith, invisible hand, market forces
self-interest, consumer sovereignty, competition, private ownership, profit motive - basic economic problems/questions
- advantages/disadvantages of the market economy
- causes of the Great Depression
- FDR and the New Deal
- please see summary notes from the Ideologies textbook on the Mixed Economy Case Studies #14 (Sweden) and #15 (Canada), you can find this on the Social 30-1 wiki and in your 30-1 study booklets
- nationalization
- democratic socialism
- welfare capitalism
- Keynesian economics
- the business cycle and fiscal and monetary policies (study all of the notes I gave you and the booklet that I gave you)
- demand-side economics
- neo-conservatives
- monetarism
- trickle down economics
- supply-side economics
- Thatcherism and Reaganomics
- Milton Friedman
- Friedrich Hayek
- how Keynesian economics deals with a recession
- how supply-side economics deals with a recession
IB 20 HOTA
You continued your constitutional convention in today's class. Tomorrow is the last day of our constitutional convention.
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