Social 10
We finished watching "The Corporation" today in class. I finally gave back your WTO charts, and your Chapter 11 Key Terms and Questions. Also, I handed out your next project sheet, this one is a Transnational Corporation Dossier Assignment. We will be drawing lots on Monday to see which TNC you will be able to research. The TNC Dossier Assignment will be due on Monday, May 5th. I also announced today that you will have your Chapter 10-11 Quiz next Thursday, I'm posting 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?
Social 33
I gave you a few readings on the end of WWI, the Treaty of Versailles, and the League of Nations. We'll be continuing these themes next week as well as getting into the rise of Hitler in Nazi Germany.
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