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Commanding Heights Mike Raymer Program Manager. The Mission: To help teachers teach those students, K-12, in the public and independent schools of Georgia. The Vision: Students leaving school prepared for their roles as:. Productive Workers I nformed Consumers Involved Citizens
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Commanding Heights Mike Raymer Program Manager
The Mission: To help teachers teach those students, K-12, in the public and independent schools of Georgia
The Vision: Students leaving school prepared for their roles as: • Productive Workers • Informed Consumers • Involved Citizens • Prudent Savers • Wise Investors • Sound lifelong decision makers in a globally interdependent • world
Video Chapter 1: Prologue
Lesson 1: Globalization in 2011 Boeing Activity
First Published in 1998 Made Into a Documentary in 2002
Who Should Control the “Commanding Heights” of the Economy?
Major Focus: Rise of Free Markets and Globalization after WWII
The Major Figures: John Maynard Keynes Friedrich von Hayek Milton Friedman Jeffrey Sachs Ronald Reagan Margaret Thatcher
The Focus Countries
Video Chapter 2: The Old Order Fails
Three Characteristics of Globalization 1. Trade of goods and services 2. International flow of financial capital and investment. 3. Movement of people and labor.
Mercantilism…1500-1776 EXPORT > import
The Goal… Protect your markets through colonies, monopolies and conquests. Integration was NOT occurring. Free Trade=Bad
Specialization Comparative Advantage Free Trade= Good
First Era of Globalization (19th Century)…Major Innovations
The Backlash World War I, Isolationism, Great Depression, Smoot-Hawley
Lesson 2: Who Decides? The Economic Problem Because of SCARCITY choices must be made in all economic systems. Human wants are unlimited. Use a resource for this and you cannot use it for that. Every economic system MUST answer the three basic economic questions.
Video Chapter 3: Communism on the Heights
Lesson 3: Missing Markets and Missing Prices
Video Chapter 20: The Bottom End of Globalism
www.gcee.org mraymer@gsu.edu