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Bell Ringer. What happened to the mandate of Palestine after WWII? Why? 2. TODAY , which religion is mainly located in … Israel and North America? Europe, North and South America? Middle East, North Africa, Asia? India? East and South East Asia?. Today in class…. We will….
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Bell Ringer • What happened to the mandate of Palestine after WWII? Why? 2. TODAY, which religion is mainly located in … • Israel and North America? • Europe, North and South America? • Middle East, North Africa, Asia? • India? • East and South East Asia?
Today in class… We will… Recognize how TRADE connects the people and countries of the modern world. You will be able to… Social Studies Language • Define: European Union, IMF • Multinational Corporation, WTO • NAFTA • Define the characteristics of developing and developed nations. • Sort countries into developing and developed categories using demographic facts and figures. • Identify world organizations and trade agreements and their purposes. • Recognize key people of the 20th Century, their countries, and their accomplishments. Next Time/Soon: SOL Packet 5 due May 1 & 2
Vocabulary • European Union - “EU” - Group of European countries that participate in the world economy as one economy and has one official currency, the “euro”
Vocabulary • IMF - International Monetary Fund – organization of countries that gives emergency loans to countries in financial crisis
Vocabulary • Multinational Corporation - Large company with factories and offices in more than two countries
Vocabulary • WTO - World Trade Organization - international organization that deals with the global rules of trade between countries
Vocabulary • NAFTA - North American Free Trade Agreement – trade agreement between Mexico, the United States and Canada
Mikhail Gorbachev • Last president of the Soviet Union • Reformed USSR using Glasnost & Perestroika
Deng Xiaoping(“Deng Show-ping”) • Reformed Communist China’s economy to a market economy • Continued communist control of government
Margaret Thatcher • British Prime Minister in 1980’s • Free trade and less government regulation of business • Close relationship with United States • Asserted United Kingdom's military power