I collected your
TNC Dossier Projects at the beginning of class. I showed an interview between Jeff Rubin (former chief economist for CIBC) and George Stroumboulopoulos , in which Rubin discussed the
future of globalization with rising oil prices. Additionally, we continued looking at the sustainability of globalization by looking at
e-waste in China. I gave you an article from National Geographic called "High Tech Trash". You can
find the original article and the corresponding photo gallery and graphics here. Your Chapter 14 Key Terms are due tomorrow.
We covered a lot of territory today as we began our unit on
authoritarian and single party states. We reviewed the 19th century political spectrum, introduced the 20th century political spectrums, the principles of individualism (liberalism), the economic-political grid, the techniques of dictatorships.
You wrote your
Prescribed Subject 1 Quiz today, and we also went through some basic economics as well. I went through the basic economic problem facing all societies 9scarcity), basic economic questions, basic economic systems, basic economic values, and reviewed the mnemonics for the principles of individualism and collectivism. I also quickly reviewed the law of supply and demand, the economic-political grid and the boom and bust cycle. We will build on the business cycle tomorrow when we start looking at Keynesian economic response to the booms and busts of the business cycle. I also did a homework check on the 1920s study guide.
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