Social Studies 30-1 – Examples of Position Paper Paragraphs (Economic) Potential Quotes - Capitalism does not guarantee that you will succeed, but it does guarantee that you can succeed. - The path to economic growth is not engineered by the government; rather, the path to economic prosperity is built by the people. - Goods and services should be distributed not to need, but to naturally occurring market forces. Paragraph #1 Thesis: Embracing the source of Classical Liberalism… Example Paragraph: Directly supporting a free market/unfettered position… T: When nations do embrace the (idea of) source it will lead to economic prosperity/motivation to succeed which creates efficiency. This is evident in nations with supply-side economics or a unfettered/deregulated market. E: Competition Neo-Conservatism/Reaganomics Self-reliance Consumerism Trickle-down effect or the Invisible Hand: Economic theories of Adam Smith Lower taxes/Milton Friedman/Economic Freedom Supply-side economics - Incentive for the 'supplier/producer' Free Trade - reducing tariffs (taxes) to create economic prosperity: Trade Liberalization The Benefits of the Industrial Revolution: - mass production, availability of goods, opportunity for success C: The closing sentence should mirror your topic sentence. ______________________________________________________________________________ Paragraph #2 Thesis: Embracing the source of Classical Liberalism… Non-Example Paragraph: Too much government control (command economy) does not work… T: When nations do not embrace the (ideas illustrated in the) source it will lead to economic exploitation/lack of incentive… E: Lenin: War Communism Stalin: Five Year Plans Stalin: Collectivization Gosplan China and Market Reforms The USSR and Market Reforms (Glasnost) The negatives about a regulated/command and the business cycle C: The closing sentence should mirror your topic sentence. ______________________________________________________________________________ Paragraph #3 Thesis: Embracing the source of Classical Liberalism… Condition Paragraph: Free markets are not perfect... T: Although nations should embrace the (view presented in the) source as it ensures an effective and prosperous society however the perspective of the source should be modified or altered during times of economic uncertainty or crisis, until the economic crisis has been resolved. E: Roosevelt and the New Deal. Creating public works and the alphabet programs: - TVA/CCC "Priming the Pump" during the Depression Anti-monopoly laws such as the Sherman Act or the Disney-Marvel Deal - Discuss the importance of preserving/protecting competition. C: The closing sentence should mirror your topic sentence. ______________________________________________________________________________ Paragraph #4 Thesis: The ideological perspective of the source should be embraced to some extent to create a modern liberal (mixed/demand-side) economic system… Approach: Non-example paragraph on how too much does not work, how too little does not work, and how "some" is just right… Example Paragraph: Directly support a modern liberal position… T: When nations do embrace the (perspective of) source to some extent to create a modern liberal economy it will lead to economic stability and provide safety nets when needed. Government intervention will eliminate economic disparity E: Keynesian economics during a recession or depression: Demand-side Economics Social Safety Nets such as Universal Health Care or Child Tax Credit Business subsidies to preserve employment and competition Crown Corporations Monetary policy and the Bank of Canada Redistribution of wealth to eliminate economic disparity John Stuart Mill: efficiency of capitalism but equality of socialism Protectionism - tariff on some goods to protect domestic industries C: The closing sentence should mirror your topic sentence. Paragraph #5 Thesis: The ideological perspective of the source should be embraced to some extent to create a modern liberal (mixed/demand-side) economic system… Approach: Non-example paragraph on how too much does not work, how too little does not work, and how "some" is just right… Non- Example Paragraph: Showing how capitalism does not work! T: When nations do embrace the (belief of) source to the fullest extent it will create economic disparity as the government will not intervene when necessary. Such an economic system does not provide adequate social services. E: Neo-Conservatism and the lack of social services such as Health Care/Education The Industrial Revolution and lack of government intervention Herbert Hoover and his plan to deal with the Depression: "Stay the course." Self-reliance and the lack of social services: Lack of Universal Health Care Darwinism and lack of subsidies. Results in unemployment and a possible recession. C: The closing sentence should mirror your topic sentence.