Wednesday, March 20, 2013

March 20

All of today's class was spent writing your Market and Mixed Economies Test. You will get the results of this test back tomorrow. Your Chapter 5 Key Terms are due tomorrow. Your Chapter 5 Questions will be due on Tuesday, April 2nd. You'll have an Economic Systems Exam on Thursday, April 4th. Please see the study guide below.

This is a comprehensive exam that covers all of the major economic systems: market economy, mixed economy, and command economy. It is 70 multiple choice questions. This exam will be administered on Thursday, April 4th.
  • Chapters 3-6 in Perspectives on Ideology
  • study the applicable PowerPoint presentations that I have sent you for Unit 2
  • 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)
  • 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 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 (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 (sent by e-mail)
  • Lenin notes (sent by e-mail)
  • establishment of the Soviet Union
  • Soviet economic system (top-down decision-making process)
  • Lenin's War Communism and the New Economic Policy
  • "Stalin and the Modernization of Russia" (see film notes)
  • Stalin notes (sent by e-mail)
  • "Changes to Soviet Society After Stalin" notes (this bridges the gap between Stalin and Gorbachev)
  • Gorbachev to Collapse Notes
  • Economic Planning in the USSR (you still need to get these notes)

Most of today's class was spent writing the Unit 2 WRA I. Your Chapter 6 Key Terms and Questions will be due on Tuesday, April 2nd. I returned your Chapter 5 Key Terms and Questions today. You will be writing your Chapter 5-6 Test on Monday, April 8th. Please see the study guide below.

1. Study the following key concepts/key people/key events:
  • Archduke Franz Ferdinand
  • Triple Alliance
  • Triple Entente
  • the Black Hand
  • Gavrillo Princip
  • Tsar Nicholas II
  • Kaiser Wilhelm II
  • Battle of Tannenberg
  • the Schlieffen Plan
  • Plan 17
  • General von Moltke
  • Battle of the Marne
  • Alsace and Lorraine
  • total war
  • Battle of Verdun
  • Battle of the Somme
  • the Brusilov Offensive
  • sinking of the Lusitania
  • the Zimmermann Telegram
  • Treaty of Brest-Litovsk
  • General Ludendorff
  • Friedrich Ebert
  • Paris Peace Conference
  • David Lloyd George
  • Woodrow Wilson
  • Fourteen Points
  • Georges Clemenceau
  • Vittorio Orlando
  • League of Nations
  • plebiscites
  • reparations
  • collective security
  • war debts
  • Treaty of Versailles
  • "war guilt clause"
  • "Manchurian Incident"
  • Greater East Asian Co-Prosperity Sphere
  • expansionism
  • Hirohito
  • Hideki Tojo
  • Benito Mussolini
  • Adolf Hitler
  • Kristallnacht
  • the Nuremberg Laws
  • any of the key concepts or key events in the Interwar Years booklet is also testable material

2. Look at what I have emphasized in class (Causes of WWI, nature of WWI, armistice, Paris Peace Conference, Treaty of Versailles, the Interwar Years, rise of ultranationalism in Germany, Italy and Japan): this will be the emphasis of the test, there are several topics in your textbook Chapters 5-6 that WILL NOT be on this test, especially if it is event that occurs AFTER the events listed above (so things like Canada's role in Afghanistan, and Arctic sovereignty won't be on the test)

3. Focus your review on the following big concepts:
  • MAIN Causes of World War I
  • the nature of World War I (trench warfare, stalemate, total war)
  • the Paris Peace Conference (national interests in negotiating the treaties)
  • Woodrow Wilson's Fourteen Points (links on the blog, under Social 20-1 Links, CHECK IT OUT!!)
  • the Treaty of Versailles (terms of the Treaty of Versailles: GARGLe)
  • Hitler's violation of the Treaty of Versailles (chronology; order of events that violated the terms of the Treaty of Versailles)
  • the Interwar Years (key events, study your Interwar Years booklet)
  • the League of Nations (FAILURe of the League of Nations)
  • ultranationalism in Germany, Japan and Italy
  • failure of collective security (League of Nations) in Manchuria, Abyssinia, and the Spanish Civil War
  • appeasement of Adolf Hitler (Munich Conference, Neville Chamberlain, a foreign policy response to ultranationalism)

Most of today's class was spent writing your Cold War Exam. You will get the results of this exam tomorrow. I also handed back some of your homework checked work and your WRA I on the Cold War.

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