March 20

SOCIAL 30-1

I showed you the A & E Biography of Stalin today, and while you watched the video, you were supposed to answer the film study questions.  Please make sure that you read in your course books the readings on Marx, Lenin, and Stalin (pages 107-114). You should read, highlight, and annotate these readings. I did a homework check on your Chapter 5 Key Terms today. 

On Tuesday, April 2nd you will be writing the Market and Mixed Economy Test (please see the study guide below). 

MARKET ECONOMY AND MIXED ECONOMY EXAM STUDY GUIDE:

This exam will be on Tuesday, April 2nd

• Chapters 3-4 and Chapter 6 in Perspectives on Ideology
• 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), you can find this on the Social 30-1 wiki
• nationalization
• 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 (percolator)
• how supply-side economics deals with a recession (coffee maker)

SOCIAL 20-1

I started a PowerPoint lecture today about the rise of ultranationalism in Italy, Japan, and Germany. I'll continue this lecture when you get back from Spring Break. I gave you class time to work on your Chapter 6 Key Terms and Questions. This homework assignment won't be due until first week back from Spring Break, so don't bother working on it at home. Take time off from school during the break.