May 3

IB 30/35

There was no class today, but I wanted to remind you of some upcoming important dates:

Please remember the following upcoming important dates for IB 30/35 History students: 

• Paper 1 and Paper 2 Review session is on Wednesday, May 4th (during regular class time)
• Paper 1 is on Friday, May 6th (pm)
• Paper 2 is on Monday, May 9th (pm)
• Paper 3 Review session is on Tuesday, May 10th (during regular class time)
• Paper 3 is on Thursday, May 12th (pm)

Social 30-1

You got the results back for your Unit 2 Final Exam today. I covered the structure of Canadian government today. If you missed class today, you need to get the notes from a friend. I also covered the key concepts of first past the post (FPTP) and proportional representation (PR). You will be writing your Unit 2 WRA II Essay on Wednesday, May 4th in the Blenheim Room. If you're in Social 30-2 please go to the breakout room next to the Blenheim Room.

Social 10-1

I did a homework check on the film study sheets on "The Corporation" at the beginning of class today. We started a film study today called "The Age of Wal-Mart". Please remember that you have your Chapter 10-11 Test on Wednesday (May 4th), 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?