April 27

IB 30/35

I showed you the HBO documentary on Reagan today. Unfortunately, we didn't finish it off, and I don't think we'll have enough time to finish it off in the last two days.

Social 10-1

We finished off the film study for "Life + Debt" today, and then moved on to "The Corporation" film study. We'll continue watching this documentary for the rest of the week. Your Chapter 11 Questions are due tomorrow. One week from today you'll have your Chapter 10-11 Test, please see the study guide below.

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, May 4th. 

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?

Social 30-1

I returned some homework checks today, and gave you the results back for your Cold War Exam. We did a film study on the BBC documentary "10 Questions about Democracy". On Monday, May 2nd you'll be writing your Unit 2 Final Exam (please see the study guide below). One week from today, you'll be writing your Unit 2 WRA II Essay (May 4th).

Social 30-1 Unit 2 Final Exam Study Guide:

The Unit 2 Final Exam is on Wednesday, May 4th. It will be a 70-75 multiple choice question test. In your textbook, this is material from Chapters 3-8. Please look at the studying hints below:

• study "The Development of Classical Liberalism" (ppt)
• study "Responding to Classical Liberalism" (ppt)
• study "The Evolution of Modern Liberalism" (ppt)
• study "The Techniques of Dictatorship" (ppt)
• study "20th Century Rejections of Modern Liberalism" (ppt)
• study "The Origins of the Cold War" (ppt)
• study the key concepts from the Chapters 3-8 worksheets
• please see the summary notes from the Ideologies textbook: Chapter 7 (Private Enterprise)
• supply-side economics
• boom and bust cycle/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), #16 (Japan), #17 (Fascism and Nazism)
• also see the Democratic Socialism booklet on Sweden (indicative planning, "cradle to the grave" economics)
• characteristics of a mixed economy
• nationalization
• privatization
• 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 (remember "the percolator": increase circulation of money reducing taxes, increase government spending on "make work" projects, and reduce interest rates, which according to Keynesian economics is going increase demand for goods and services and lead to more money circulating in the economy)
• how supply-side economics deals with a recession (remember "trickle down coffee maker": government should stimulate the goods and services sector of the economy by reducing corporate and personal taxes, eventually benefits will "trickle down" to the middle class and working class, make connections between supply-side economics and laissez faire economics/classical liberalism)
• advantages and disadvantages of a mixed economy
• neo-conservative criticism of government intervention
• characteristics of a centrally planned economy
• advantages and disadvantages of a centrally planned economy
• Marx notes (sent by e-mail)
• Lenin notes (sent by e-mail)
• establishment of the Soviet Union
• Soviet economic system (top-down decision-making process)
• Lenin's War Communism and the New Economic Policy
• "Stalin and the Modernization of Russia" (see film notes)
• Stalin notes (sent by e-mail)
• "Changes to Soviet Society After Stalin" notes (this bridges the gap between Stalin and Gorbachev)
• Gorbachev to Collapse Notes
• Economic Planning in the USSR booklet
• techniques of dictatorships (USSR and Nazi Germany case studies)
• modern liberalism
• features of the Nazi state
• Hitler's rise to power
• Characteristics of Democracy
• Characteristics of Dictatorship
• Democratic Systems notes
• Non-Democratic Systems notes
• Types of Dictatorships notes (includes Techniques of Dictatorships as well)
• A Comparison of Communism and Fascism notes
• Totalitarianism notes
• Fascism/Nazism booklet (has techniques of dictatorship in Nazi Germany and USSR)
• do a brief review of the political spectrum and economic spectrum and the quadrant model