October 22

IB 30/35

We did a little review of how to write the Social 30-1 WRA II position paper today. If you missed class today, you need to see me tomorrow during tutorial to go over how to organize your essay. I also strongly recommend that you check out my PowerPoint lecture on the IB 30/35 wiki called "The Evolution of Modern Liberalism" in preparation for the Market and Mixed Economy Test this Thursday. You can find it under the Unit 2 link on the sidebar navigation (Unit 2 under Social Studies 30-1). It will cover a lot of the economic concepts that we covered in class as well. 

You are writing the Social 30-1 WRA II position paper tomorrow in the Red Lab, please go there directly in Period 2. 

On Thursday, October 24th, you're 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 Thursday, October 24th

• 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
• nationalization
• democratic socialism
• welfare capitalism
• Keynesian economics
• the business cycle and fiscal and monetary policies 
• 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   

SOCIAL 20-1

I taught you a mnemonic device today about the League of Nations (FAILURe), make sure to get these notes from a classmate if you missed class today. We started looking at the PowerPoint presentation today called "Ultranationalism in WWII". We'll continue this lecture tomorrow with Italy. I also gave you about 25 minutes to work on your Chapter 6 Key Terms and Questions, which are due on Friday, October 25th. 

SOCIAL 30-1

We talked about the Canadian Federal Election for about 25 minutes today. I showed you a documentary today (A & E Biography) called "Joseph Stalin: Red Terror". While you watched this video you should have completed the film study in your Social 30-1 course books.  

MARKET ECONOMY AND MIXED ECONOMY EXAM STUDY GUIDE:

This exam will be on Thursday, October 24th

• 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

September 24

IB 30/35

You wrote the WW I Quiz today. I also started "The Roaring Twenties" Google Slides today, you can download this lecture off of the IB 30/35 wiki. I'll continue it tomorrow. The rough draft of your IA is due on September 30th. 

SOCIAL 20-1

We finished off the lecture on "The Growth of Quebecois Nationalism" today. Make sure that you work on your French Revolution DBA Assignment, it's due on Wednesday, September 25th (I've corrected this date on the blog). Your Chapter 3 Key Terms and Questions are due on Monday, September 30th. 

SOCIAL 30-1

I went through the recipe for success for writing WRA II Essays today. I'm continuing on with Chapter 3 and 4 material tomorrow. I shared the Chapter 4 Google Doc with you last night, please get working on it! Make sure that you have gone through the French Revolution and Industrial Revolution sections of the lecture on "The Development of Classical Liberalism" that I delivered last week.  

October 24

IB 303/35

I re-taught you how to write a WRA II Essay in preparation for your essay next Wednesday. You'll be allowed to have this booklet out next Wednesday when you write this position paper. You will also get the essay question sheet in advance so you can prepare. 

Don't forget that the good copy of your IA is due on Tuesday, October 31st. Please remember it is counts 20% to your overall mark with the IB. Please have a look at the upcoming important dates. 

UPCOMING IMPORTANT DATES FOR IB 30/35 STUDENTS:

• Social 30-1 WRA II Essay on economic systems is on Wednesday, November 1st
• Economic Systems Exam is on Thursday, November 2nd (please see the study guide below)

ECONOMIC SYSTEMS EXAM STUDY GUIDE:

This exam will be written on Thursday, November 2nd. It is a multiple choice question format test. 
This is a comprehensive exam that covers all of the major economic systems: market economy, mixed economy, and command economy. It is 74 multiple choice questions. 

• Chapters 3-6 in Perspectives on Ideology
• study the applicable PowerPoint presentations that are on the wiki under Unit 2 (check your notes): The Development of Classical Liberalism, Responding to Classical Liberalism, The Evolution of Modern Liberalism, 20th Century Rejections of Liberalism (just the USSR section of this PowerPoint)
• In Chapter 5, just focus on the Soviet Union, and left-wing of economic spectrum (command economy), we haven't covered aspects of dictatorships or Nazism yet (the techniques of dictatorship and fascism will be on a Chapter 5 Test)
• 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), #16 (Japan), #17 (Fascism and Nazism)
• also see the Democratic Socialism booklet on Sweden (indicative planning, "cradle to the grave" economics/"womb to tomb economics")
• characteristics of a mixed economy
• nationalization
• privatization
• democratic socialism
• welfare capitalism
• Keynesian economics
• the business cycle and fiscal and monetary policies (study all of the notes 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 (remember "the percolator": increase circulation of money reducing taxes, increase government spending on "make work" projects, and reduce interest rates, which according to Keynesian economics is going increase demand for goods and services and lead to more money circulating in the economy) 
• how supply-side economics deals with a recession (remember "trickle down coffee maker": government should stimulate the goods and services sector of the economy by reducing corporate and personal taxes, eventually benefits will "trickle down" to the middle class and working class, make connections between supply-side economics and laissez faire economics/classical liberalism)
• advantages and disadvantages of a mixed economy
• neo-conservative criticism of government intervention
• characteristics of a centrally planned economy
• advantages and disadvantages of a centrally planned economy
• Marx notes (on the wiki, under Unit 2)
• Lenin notes (on the wiki, under Unit 2)
• establishment of the Soviet Union
• Soviet economic system (top-down decision-making process)
• Lenin's War Communism and the New Economic Policy
• Stalin notes (on the wiki, under Unit 2)
• "Changes to Soviet Society After Stalin" notes (this bridges the gap between Stalin and Gorbachev) (on the wiki, under Unit 2)
• Gorbachev to Collapse Notes (on the wiki, under Unit 2)
• Market Socialism (on the wiki, under Unit 2)

SOCIAL 10-1

I did a lecture today on "Legacies of Historical Globalization". If you missed class today, you will need to get notes from a classmate.

Next Monday (October 30th), you will be writing your Chapter 7 Test, please see the study guide below. This test will have three sections: a matching section, a multiple choice section, and a short answer section.

1. Key Terms for Chapter 7 Test:

• historical globalization
• the Silk Road
• international trade
• the Columbian exchange (the grand exchange)
• mercantilism
• capitalism
• free market
• Adam Smith
• entrepreneur
• communism
• industrialization
• the Industrial Revolution
• cottage system
• physiocrats
• exploitation
• imperialism
• Eurocentrism
• ethnocentrism
• European imperialism
• "old" imperialism
• "new" imperialism
• colony
• protectorate
• sphere of influence

2. Study the Questions for Inquiry from Chapter 7 (be able to answer these questions using case studies and examples that we have covered in class):

• What were the beginnings of global trading networks?
• What values are associated with capitalism?
• Whose values did industrialization effect?
• Why did England industrialize before other European powers?
• What were some of the effects of the Industrial Revolution?
• In what ways did imperialism benefit one people over another?