Showing posts with label George W. Bush. Show all posts
Showing posts with label George W. Bush. Show all posts

Monday, April 30, 2018

April 30


We finished off the George H.W. Bush administration, and I also got through the Clinton administration too. We should be able to get to the George W. Bush administration this week. This is our tie-in to Social 30-1 and concepts that you need to understand for the Social 30-1 Diploma Exam in June.


I showed you some exemplars for the TNC Dossier Assignment at the beginning of class. We got into a film study of "The Age of Wal-Mart" today, while you were watching the video you should have been looking for advantages and disadvantages of Wal-Mart. Please remember that you have the Chapter 10-11 Test on Thursday, May 3rd. Please see the study guide below.


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 Thursday, May 3rd. 

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?



I did a homework check on the Chapter 7 Key Terms and Questions today. We looked at the case studies of Kosovo and Catalonia today. I gave you some notes on nationalism and the pursuit of national interest, and then I showed you a CBC News in Review from April 2008 on Kosovo declaring independence from Serbia. As you watched the video you were supposed to fill in answers to the video review questions. I also showed you a quick video from the Washington Post on Catalonia's attempts to declare independence from Spain.