IB 30/35
I showed you a YouTube video called "The Road to War-Italy", which took most of the period. Hopefully, you took good jot notes while the video was playing. Here is the video again, if you need to re-watch certain sections of it:
I would also recommend that you have a look at the following Prezi:
Social 10-1
I showed you a video today called "The Other Side of Outsourcing", and while you were watching this video you were supposed to complete a film study sheet. I also gave you some time to work on your Chapter 12 Key Terms and Questions, which are due on Thursday, December 30th. Please remember that your Chapter 10-11 Test is on Wednesday, November 29th.
SOCIAL 10-1 CHAPTER 10-11 TEST STUDY GUIDE:
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). This test is on Wednesday, November 29th.
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)
- 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?
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