July 11

SOCIAL 30-1

You wrote the Ideological Reaction to Industrialization Test in class, after the lock down drill. We finished off the PowerPoint lecture "The Evolution of Modern Liberalism" as well today. We started looking at communism and command economy under Stalin today. We watched "Stalin and the Modernization of the USSR" from the BBC 20th Century History series. Read, highlight, and annotate the Marx, Lenin and Stalin notes in your Social 30-1 coursebooks. I also collected the Unit 2 WRA I Chart Assignment

UPCOMING IMPORTANT DATES AND HOMEWORK:

• Read Chapter 5 and complete the Chapter 5 Google Doc
• Market and Mixed Economy Test is on Monday, July 15th

MARKET ECONOMY AND MIXED ECONOMY EXAM STUDY GUIDE:

This exam will be on Monday, July 15th

• 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
• how supply-side economics deals with a recession

Chapter 5 Test Study Guide:

The Chapter 5 Test will be on Wednesday, July 17th. It is a 50 multiple choice question test (but it will be reduced down in number on the day). Please review the following:

• "20th Century Rejections of Liberalism" (ppt)
• Marx notes (see 30-1 booklet)
• Lenin notes (see 30-1 booklet)
• Stalin notes (see 30-1 booklet)
• Soviet Economy notes
• Soviet Economic System notes
• Changes to Soviet Society After Stalin notes
• Gorbachev to Collapse notes
• Economic Planning in the USSR booklet
• 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 and economic spectrums

The following key concepts/key events/key people are mentioned in this test, if you (re-)familiarize yourself with them it will help you out immensely!

• centrally planned economies
• initiative
• FDR and the New Deal
• Reaganomics
• consumer sovereignty
• invisible hand
• Keynesian economics
• laissez faire economics
• War Communism
• Five Year Plans
• mixed economies
• indicative planning
• proportional representation
• democracy
• dictatorship
• political spectrum (characteristics associated with the various ideologies)
• status quo
• egalitarianism
• conservative
• reactionary
• liberal
• radical
• SA
• Hitler
• Bolshevik
• fascism
• communism
• indoctrination
• controlled participation
• terror and force
• direction of popular discontent
• democratic socialists
• supply-side economics
• authoritarian
• tyrant
• totalitarian
• totalitarianism
• ultranationalism
• nationalization
• privatization
• propaganda
• progressive taxation
• Marx
• Lenin
• utopian socialism
• Gorbachev
• martial law
• Reichstag (Reichstag Fire, Reichstag election results)
• referendum
• collectivization
• modernization
• classical liberal
• laissez faire free market economy
• mixed economy
• planned economy
• (review your economic political quadrant model)
• Das Kapital
• Mein Kampf
• The Wealth of Nations