Monday 20 February 2017

The Beginning of Economics - How Should We Make and Spend our Money??

http://forumserver.twoplustwo.com/41/politics/political-cartoon-thread-521036/index6.html













 This week, we are going to be starting our first full unit, which will be based on different economic systems and particularly what it means to have a "liberal" economy. There are a couple things to remember:

  1. The term LIBERAL does not always mean "change." The term liberalism came about during the Enlightenment to support a change to the society at the time. Since we have adopted those liberal/changing values of the Enlightenment, we have become a society based on those principles - which is why we call current society a liberal society.  You can "be a conservative" in a liberal society, you can "be a liberal" in a liberal society. 
  2. When we talk about liberal societies, we are referring to ones that support human rights, democracy and capitalism. 
After Tuesday's class, this should be a little more clear as to what the ideology of liberalism actually means. This will lead us to specifically look at what it means to have economic liberalism - an economy that is based on predominantly around capitalism. This theory, which is the predominant economic theory around the world, is not the only economic theory and we will look at different systems to analyze the pros and cons of different systems. The goal will be to finish this unit before Spring Break. 

This week will look like....

Tuesday
  • What is Liberalism? Notes and Videos
    • Notes will be in Google Classroom on Tuesday morning

  • The important revolutions:
AMERICAN

FRENCH


INDUSTRIAL


  • Self-Assessment and Exemplars from last week's writing
Wednesday
  • Activity - only need your pencil cases :)
Thursday:
  • Rants by Destiny and Brody 
  • Next Writing Practice
    • 30-1 - second part of Assignment 1 = Relationship between sources
    • 30-2 - first part of Assignment 2 = interpreting sources for a specific question
Friday
  • Basics of the Economic Systems

  • Notes 
    • Capitalism
    • Industrial Revolution
    • Outcomes of it

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