Tuesday, October 12, 2010

October 12


You wrote your Ideological Reaction to Industrialization Test today, and this took most of the class period. You handed in your Chapter 6 Key Terms and Questions today as well. I gave back the results of the Political Cartoon Analysis Assignment that you wrote on October 5th back to you today. You have a very difficult test next Tuesday (October 19th) that covers the Market Economy and Mixed Economy and draws from material in Chapters 3-4 and Chapter 6 in Perspectives on Ideology and other supplementary materials that I've given you. Please see the study guide below.




  • 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)
  • 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



I finished off the "Allied Victory in WWI and Paris Peace Conference" PowerPoint presentation today. I have sent this presentation to you, so please print it off and add it to your notes. I also gave you a handout on the issue of responsibility for starting WWI. I also gave you a focus task to complete from a booklet called "Making Peace" which looked at the various perspectives of the "Big Three" at the Paris Peace Conference. Your WWI Map Assignment was due today. If it is late you will lose 10% per day. You got the results of your Chapter 3-4 Test today as well.

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