LASA WG
Resources, Geopolitics, and Economics Unit Test Review
Test dates: A day- 2/12 B day- 2/11
Be sure to study the following for the test:
From the “Communist Theory of Karl Marx” handout:
- be able to put these terms in this order and explain why they go in that order:
feudalism/manoralism, capitalism, class struggle, workers’ revolt,
socialism, communism
- the authors’ key ideas in The Communist Manifesto excerpt
- the terms bourgeoisie and proletariat
- be able to describe capitalism, liberalism, democratic socialism, and totalitarian
socialism/communism (know the differences between democratic socialism and
totalitarian socialism/communism)
- know the 3 key characteristics of democratic socialism: nationalization, progressive
taxation, and social welfare
- be able to describe the “dual revolution” of industrialization and democratization that
occurred in Western Europe and the U.S. and how that connects to socialism
From “Forces of Change: Globalization, Democratization, and Religious Politics”
handout:
liberal vs. illiberal democracies, the three waves of democratization,
command economy, market economy, mixed economy, marketization, privatization,
fragmentation, nationalism, politicization of religion
From the “Global Trade Terms” handout
- Vocabulary: global economy, globalization, import, export, balance of trade, trade
deficit, trade surplus, tariff, free trade, capital, wage labor, GNP, GDP, nationalization,
privatization, protectionism, subsidy, comparative advantage
- levels of economic activity- primary, secondary, tertiary, quaternary, quinary
- Organizations and Agreements: GATT, WTO, NAFTA
From the “Strategic Resources: Fossil Fuels” PPT notes
- location of world’s largest oil reserves
- percentage of world’s oil located in the Middle East
- OPEC
- pros and cons of new sources of oil in - Canadian Tar Sands, Caspian Sea and Central
Asia, Deep Water, Africa, Hydraulic fracturing
- What is the “resource curse/paradox of plenty”?
- cleanest burning fossil fuel
- U.S. values vs. U.S. interests
LASA WG
Resources and Central Asia/Caucasus Unit
- Main ideas from “Geopolitics of Russia” article
- countries in conflict over Nagorno-Karbakh region
- the major security and economic issues facing the Central Asian countries
- the conflict the US faces between its values and interests in the region
From the U.S. Trade Policy “Options in Brief” Handout and the NPR Planet Money
T-Shirt Interactive Documentary and articles
- the advantages and disadvantages to U.S. trade policy options – “Keep the U.S.
Economy on Top (free trade),” “Protect American Workers,” “Put U.S. Values First,”
and “Work for Free and Fair Trade.”
- how textile manufacturers benefit from locating factories in countries with cheap labor
- the social impacts of textile manufacturing on life in Bangladesh and Colombia
- What are the comparative advantages of the United States, Bangladesh, and
Colombia with textile manufacturing? How do their comparative advantages change
over time?
- the importance of the shipping container in the global economy
- Why are U.S. subsidies for American cotton farmers considered unfair by foreign cotton
growers?