Social 30-1
I gave you back your results for the "Ideological Reaction to Industrialization Test" today. We finished off a couple of topics today, namely how demand-side economics and supply-side economics deals with a recession. I also think that you should read the section on the Causes of the Global Recession of 2008 in your study booklets, since there is a lot of information that could be used on your essays. I went through a quick review of Russian history as well today, so if you missed class you need to read page 104 in your Social 30-1 study booklet. You must read up on Karl Marx (pages 94-96), Lenin (pages 97-98) and Stalin (pages 99-101) in your study booklets tonight (page references in brackets). I also showed you a video from the BBC 20th Century History series called "Stalin and the Modernization of Russia". Please remember that your Market and Mixed Economy Test is on Thursday, October 16th. You can find the study guide below.
Market and Mixed Economy Test Study Guide:
This test is on Thursday, October 16th and it is a multiple choice format test. There are 70 multiple choice questions on the exam. Please study the following:- 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 and in your 30-1 study booklets
- 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
IB 20 HOTA
We finished off our constitutional convention today. I think that by in large this was a successful activity that got many of you discussing complex issues in a fast-paced simulation. Although we didn't pass too many resolutions/articles I think that you benefited from discussing this issues in class. We'll be talking about writing strategies for a Paper 1 tomorrow, so we may not have a lot of time to discuss developments regarding the Western response to ISIS. Please bring in articles, newspaper clippings and political cartoons still, but just be aware that discussion may be limited because we have other objectives that need to be met. Here are the links to the articles about the drinking habits of the American founding fathers:
