SOCIAL 30-1We did a quick review of the business cycle, the various stages of the boom and bust cycle, and the Keynesian economic response to the various stages.
I did a homework check on your Chapter 4 Key Terms and Questions. Your Chapter 6 Key Terms and Questions are due tomorrow. We covered the USA and the Great Depression, FDR and the New Deal (again), and we got into Sweden and the welfare state. You need to read up on the Keynesian economic policies as well (pages 48-52), it is also recommended that you read up on other examples of mixed economies in your study booklet (pages 73-76). You also wrote an analysis of a political cartoon today.
Upcoming Important Dates:
IDEOLOGICAL REACTION TO INDUSTRIALIZATION TEST STUDY GUIDE:
This test is multiple choice format. This test is on Wednesday, July 13th.
1. Please review material from these PowerPoint presentations:
2. Be familiar with key concepts introduced in Chapters 3 and 4.
3. The Industrial Revolution:
5. Key beliefs of the various ideologies (review the spectrums briefly); also review this material from the "Responding to Classical Liberalism" PowerPoint presentation:
MARKET ECONOMY AND MIXED ECONOMY EXAM STUDY GUIDE:This exam will be on Friday, July 15th
ECONOMIC SYSTEMS EXAM STUDY GUIDE:
This exam will be written on Monday, July 18th. It is a multiple choice question format test.
This is a comprehensive exam that covers all of the major economic systems: market economy, mixed economy, and command economy. It is 74 multiple choice questions.
CHAPTER 5 TEST STUDY GUIDE:
The Chapter 5 Test will be on Tuesday, July 19th. It is a 70 multiple choice question test. Please review the following:
The following key concepts/key events/key people are mentioned in this test, if you (re-)familiarize yourself with them it will help you out immensely!