PACKET G. Economic Challenges of the 20 th Century. 21 Topic Workshop #72. Module

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1 PACKET G Module 21 Topic Workshop #72 Economic Challenges of the 20 th Century

2 PERIOD 6 KEY CONCEPT 6.3 New Conceptualizations of Global Economy, Society, and Culture

3 KEY CONCEPT 6.3 The role of the state in the domestic economy varied, and new institutions of global association emerged and continued to develop throughout the century.

4 CULTURAL POLITICAL ECONOMIC AP Themes Thematic Learning Objectives Communism State-Controlled Empires Governments and Economic Control New Conceptualization of Global Society New Conceptualization of Global Culture Responses to Global Capitalism State-Controlled Economies Global Economics and Institutions Free Market Economics Regional Trade Agreements Protest Movements

5 Topic Workshop #72 PRIMARY STATEMENT OF ANALYSIS States responded in a variety of ways to the economic challenges of the 20 th century.

6 Topic Workshop #72 Supporting Statement of Evidence In communist states, such as the Soviet Union and China, governments controlled their national economies, often through repressive policies and with negative repercussions for their populations.

7 Communism VLADIMIR LENIN MAO ZEDONG JOSEPH STALIN

8 Topic Workshop #72 ILLUSTRATIVE EXAMPLES OF Communist Governments Controlling Their National Economies The Five Year Plans The Great Leap Forward

9 Five Year Plans Focused on capital goods (those used to produce other goods, like factories and machinery), consumer goods (e.g. chairs, carpets, and irons), agriculture, transportation, communications, health, education, and welfare.

10 Stalin s 5 Year Plan

11 Stalin s 5 Year Plan

12 Mao s 5 Year Plan

13

14 China s Great Leap Forward

15 Result was Great Chinese Famine 30 million dead

16 Topic Workshop #72 Supporting Statement of Evidence Following World War I and the onset of the Great Depression, governments began to take a more active role in economic life.

17 Topic Workshop #72 ILLUSTRATIVE EXAMPLES OF Government Intervention in the Economy The New Deal The Fascist Corporatist Economy Popularist governments of Brazil and Mexico

18 The New Deal RELIEF RECOVERY REFORM

19

20 Fascist Corporatism Government Industry - Labor Maximize profits in the National Interest

21 Topic Workshop #72 Supporting Statement of Evidence In newly independent states after World War II, governments often took on a strong role in guiding economic life to promote development.

22 Topic Workshop #72 ILLUSTRATIVE EXAMPLES OF Post WWII Governments Guide Economic Life Nasser s Promotion of Economic Development in Egypt Nehru s planned economy in India Julius Nyere in Tanzania

23 Nasser s Economic Reforms in Egypt Agrarian Reform Modernization - Nationalization Aswan Dam Helwan Steel Works Suez Canal

24 Nehru s planned economy in India

25 Julius Nyere in Tanzania

26 Topic Workshop #72 Supporting Statement of Evidence In a trend accelerated by the end of the Cold War, many governments encouraged free market economic policies and promoted economic liberalization in the late 20 th century.

27 Topic Workshop #72 ILLUSTRATIVE EXAMPLES OF Governments Encouraging Free Market Policies The United States Ronald Reagan Britain Margaret Thatcher China Deng Xiaoping Chile Augusto Pinochet

28 Economic Reforms of Ronald Reagan Trickle-Down Economics

29 Economic Reforms of Margaret Thatcher Thatcherism Privatization of State Industries

30 Economic Reforms of Deng Xioping State Capitalism China in Global Markets

31 Economic Reforms of Augusto Pinochet Neoliberalism State Releasing Control of Some Industries

32 Topic Workshop #72 Supporting Statement of Evidence In the late 20 th century, revolutions in information and communications technology led to the growth of knowledge economies in some regions, while industrial production and manufacturing were increasingly situated in developing economies including the Pacific Rim and Latin America.

33 Topic Workshop #72 ILLUSTRATIVE EXAMPLES OF Pacific Rim Economies Japan South Korea Singapore China Vietnam

34 PACKET G Module 21 Topic Workshop #72 Economic Challenges of the 20 th Century QUESTIONS? COMMENTS? CONCERNS?

35 DYAD ACTIVITY 1. DISCUSS: Topic Workshop Analysis Sheet #72 2. DYAD ACTIVITY G9 Global Consumerism

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