This document provides an introduction to concepts in international relations including what international relations studies, definitions of key terms like country, state, sovereignty, and nation-state. It also summarizes different approaches to foreign policy like isolationism vs internationalism and tools of foreign policy such as diplomacy, alliances, trade, foreign aid, and sanctions. Current world trends are outlined as growing interdependence, US influence declining and rise of other powers, spread of democracy and technology. National interests and how they drive foreign policy decisions are also explained.
The document discusses the French Revolution and the rise of Napoleon Bonaparte. It describes the execution of King Louis XVI during the Reign of Terror led by the Jacobins. Maximilien Robespierre then rose to power as a dictator, but he was later overthrown and executed in 1794. The new government, called the Directory, was unstable. Napoleon Bonaparte emerged as a general and seized power in 1795, bringing stability as the first consul and later emperor. The question posed is to what extent the rise of Napoleon was an inevitable outcome of the instability and chaos caused by the French Revolution.
The Holocaust systematically murdered approximately 6 million European Jews and millions of others between 1933-1945. Under the Nazi regime in Germany, Jews were increasingly persecuted through restrictive laws and anti-Semitic propaganda. Jews were later ghettoized and millions were murdered in death camps using poison gas or brutal treatment and conditions. While some resisted or were rescued, most of the Jewish populations of occupied Europe were killed during the Holocaust. The aftermath involved displacement, war crimes trials, and the founding of Israel.
The Battle of Stalingrad took place from September 2, 1942 to February 2, 1943 in the city of Stalingrad (now Volgograd) between German and Soviet forces. Hitler wanted to capture Stalingrad to cut off Soviet supply lines and advance further into Russia, but the Soviets launched a counteroffensive that led to the surrender of the overwhelmed German 6th Army. This major defeat marked a turning point in World War 2, weakening the German forces and signaling the decline of Nazi Germany.
The document discusses the French Revolution and the rise of Napoleon Bonaparte. It describes the execution of King Louis XVI during the Reign of Terror led by the Jacobins. Maximilien Robespierre then rose to power as a dictator, but he was later overthrown and executed in 1794. The new government, called the Directory, was unstable. Napoleon Bonaparte emerged as a general and seized power in 1795, bringing stability as the first consul and later emperor. The question posed is to what extent the rise of Napoleon was an inevitable outcome of the instability and chaos caused by the French Revolution.
The Holocaust systematically murdered approximately 6 million European Jews and millions of others between 1933-1945. Under the Nazi regime in Germany, Jews were increasingly persecuted through restrictive laws and anti-Semitic propaganda. Jews were later ghettoized and millions were murdered in death camps using poison gas or brutal treatment and conditions. While some resisted or were rescued, most of the Jewish populations of occupied Europe were killed during the Holocaust. The aftermath involved displacement, war crimes trials, and the founding of Israel.
The Battle of Stalingrad took place from September 2, 1942 to February 2, 1943 in the city of Stalingrad (now Volgograd) between German and Soviet forces. Hitler wanted to capture Stalingrad to cut off Soviet supply lines and advance further into Russia, but the Soviets launched a counteroffensive that led to the surrender of the overwhelmed German 6th Army. This major defeat marked a turning point in World War 2, weakening the German forces and signaling the decline of Nazi Germany.
The major events of the RUSSIAN REVOLUTION, a series of two revolutions in RUSSIA in 1917. The first revolution in March (O.S. February) deposed TSAR NICHOLAS II. The second revolution in November (O.S. October) toppled the Provisional Government and handed power to the Bolsheviks, giving way to the rise of the SOVIET UNION (U.S.S.R.), the world's first communist state.
Joseph Stalin was a Russian dictator who led the Soviet Union from 1922 until his death in 1953. He transformed the Soviet Union into a major industrial and military power through policies like rapid industrialization and collectivization of agriculture, but these policies also led to millions of deaths from starvation and purges of perceived political opponents. Stalin's rule established the Soviet Union as a rival superpower to the United States after World War 2 and the start of the Cold War.
Nazism and the rise of hitler ix a(ashay)1Ashay Ash
Nazism refers to the ideology and practices of the Nazi Party led by Adolf Hitler. Key elements included anti-Semitism, totalitarianism, and the belief in racial purity and superiority. The Nazis rose to power in Germany in the 1930s amid economic instability, exploiting nationalist sentiments and blaming Jews for Germany's problems. Once in power, Hitler consolidated control and established a fascist dictatorship, imposing totalitarian rule and pursuing aggressive expansionism.
Chapter 8 Part 1 - Towards Self-GovernmentGoh Bang Rui
Subscribe to my education channel.
bit.ly/gohbangrui
These slides are used to explain Chapter 8 Part 1 of the Secondary 2 History which is on 'How did Singapore progress towards internal self-governance?'
The main objectives of these slides focus on
1. Compare and Contrast David Marshall and Lim Yew Hock
2. Reasons for British granting self-governance to Singapore in 1957
During which, two riots will be included in these slides, namely Hock Lee Bus Riots in 1955 and Students' Riots, also known as the Chinese Middle School Riots, in 1956.
For Part 2, please click on the below link.
http://bit.ly/historychapter8part2
The document discusses various aspects of imperialism and US expansionism between the late 19th and early 20th centuries. It describes how the US and European powers practiced imperialism by exerting control over smaller countries for their resources. Specifically, it outlines how the US annexed Hawaii through involvement of missionaries and marines, gained control over Cuba and the Philippines through the Spanish-American War, established spheres of influence over China, and built the Panama Canal to strengthen its global power.
2013 - 2015 OUR COMMON EUROPEAN ROOTS MEETINGS AND TOPICS
3rd project meeting – 23rd – 28th March 2014 at
Özel Çağ Koleji,
Mersin, Tarsus, Turkey
Topic : “Historical roots: in search of the history that unites us. Great social events”.
1) Germany was defeated in WWI and faced harsh reparations that led to economic hardship and the rise of Nazism.
2) Adolf Hitler rose to power in Germany after joining the Nazi party and leveraging nationalist sentiment against the Treaty of Versailles.
3) After becoming Chancellor, Hitler established a dictatorship, persecuted Jews and others, and pursued an aggressive program of rearmament and territorial expansion that led to World War II.
Russia in the early 20th century was ruled as an autocratic empire by Tsar Nicholas II. There was growing opposition to his rule from liberal and socialist parties. World War I and food shortages led to widespread unrest and the overthrow of the Tsar in 1917. Vladimir Lenin then led the Bolshevik Revolution, establishing the world's first communist state, the Soviet Union. However, this led to a civil war as the Bolsheviks fought opposition groups. By 1921 the Bolsheviks consolidated control under Lenin, establishing a one-party communist system, though Stalin later took over and instituted a repressive totalitarian regime.
Unit #3 & Unit #4 (Part 1) Student VersionNick Allgyer
This document discusses key concepts in US foreign policy and national security. It introduces foreign policy players in the Obama administration and defines national security. It then describes how the US is a global superpower economically, militarily, and culturally. The document discusses US defense spending and global military presence. It also outlines US military interventions since 1945. Finally, it defines concepts like spheres of influence, alliances like NATO, and how alliances serve nations' self interests in mutual protection.
This presentation discusses national power. It defines national power as a nation's ability to influence other countries to achieve goals. It notes several scholars who studied national power. The nature of national power is described as dynamic and relative. The scope, types, elements, and methods of exercising national power are outlined. Limitations on national power like the balance of power, international law, and morality are also mentioned. Team members and their roll numbers are listed for attribution.
The major events of the RUSSIAN REVOLUTION, a series of two revolutions in RUSSIA in 1917. The first revolution in March (O.S. February) deposed TSAR NICHOLAS II. The second revolution in November (O.S. October) toppled the Provisional Government and handed power to the Bolsheviks, giving way to the rise of the SOVIET UNION (U.S.S.R.), the world's first communist state.
Joseph Stalin was a Russian dictator who led the Soviet Union from 1922 until his death in 1953. He transformed the Soviet Union into a major industrial and military power through policies like rapid industrialization and collectivization of agriculture, but these policies also led to millions of deaths from starvation and purges of perceived political opponents. Stalin's rule established the Soviet Union as a rival superpower to the United States after World War 2 and the start of the Cold War.
Nazism and the rise of hitler ix a(ashay)1Ashay Ash
Nazism refers to the ideology and practices of the Nazi Party led by Adolf Hitler. Key elements included anti-Semitism, totalitarianism, and the belief in racial purity and superiority. The Nazis rose to power in Germany in the 1930s amid economic instability, exploiting nationalist sentiments and blaming Jews for Germany's problems. Once in power, Hitler consolidated control and established a fascist dictatorship, imposing totalitarian rule and pursuing aggressive expansionism.
Chapter 8 Part 1 - Towards Self-GovernmentGoh Bang Rui
Subscribe to my education channel.
bit.ly/gohbangrui
These slides are used to explain Chapter 8 Part 1 of the Secondary 2 History which is on 'How did Singapore progress towards internal self-governance?'
The main objectives of these slides focus on
1. Compare and Contrast David Marshall and Lim Yew Hock
2. Reasons for British granting self-governance to Singapore in 1957
During which, two riots will be included in these slides, namely Hock Lee Bus Riots in 1955 and Students' Riots, also known as the Chinese Middle School Riots, in 1956.
For Part 2, please click on the below link.
http://bit.ly/historychapter8part2
The document discusses various aspects of imperialism and US expansionism between the late 19th and early 20th centuries. It describes how the US and European powers practiced imperialism by exerting control over smaller countries for their resources. Specifically, it outlines how the US annexed Hawaii through involvement of missionaries and marines, gained control over Cuba and the Philippines through the Spanish-American War, established spheres of influence over China, and built the Panama Canal to strengthen its global power.
2013 - 2015 OUR COMMON EUROPEAN ROOTS MEETINGS AND TOPICS
3rd project meeting – 23rd – 28th March 2014 at
Özel Çağ Koleji,
Mersin, Tarsus, Turkey
Topic : “Historical roots: in search of the history that unites us. Great social events”.
1) Germany was defeated in WWI and faced harsh reparations that led to economic hardship and the rise of Nazism.
2) Adolf Hitler rose to power in Germany after joining the Nazi party and leveraging nationalist sentiment against the Treaty of Versailles.
3) After becoming Chancellor, Hitler established a dictatorship, persecuted Jews and others, and pursued an aggressive program of rearmament and territorial expansion that led to World War II.
Russia in the early 20th century was ruled as an autocratic empire by Tsar Nicholas II. There was growing opposition to his rule from liberal and socialist parties. World War I and food shortages led to widespread unrest and the overthrow of the Tsar in 1917. Vladimir Lenin then led the Bolshevik Revolution, establishing the world's first communist state, the Soviet Union. However, this led to a civil war as the Bolsheviks fought opposition groups. By 1921 the Bolsheviks consolidated control under Lenin, establishing a one-party communist system, though Stalin later took over and instituted a repressive totalitarian regime.
Unit #3 & Unit #4 (Part 1) Student VersionNick Allgyer
This document discusses key concepts in US foreign policy and national security. It introduces foreign policy players in the Obama administration and defines national security. It then describes how the US is a global superpower economically, militarily, and culturally. The document discusses US defense spending and global military presence. It also outlines US military interventions since 1945. Finally, it defines concepts like spheres of influence, alliances like NATO, and how alliances serve nations' self interests in mutual protection.
This presentation discusses national power. It defines national power as a nation's ability to influence other countries to achieve goals. It notes several scholars who studied national power. The nature of national power is described as dynamic and relative. The scope, types, elements, and methods of exercising national power are outlined. Limitations on national power like the balance of power, international law, and morality are also mentioned. Team members and their roll numbers are listed for attribution.
Presentation in CHAPTER 14 POWER POINT PRESENTATION WE THE PEOPLE.pptxZahidShah60
The document summarizes key aspects of U.S. foreign policy, including:
1) The main goals of U.S. foreign policy are security, economic prosperity, and creating a better world. Security traditionally focused on military threats but now includes non-state actors like terrorist groups.
2) Isolationism was replaced after World War 2 with deterrence to discourage attacks through military strength. The Cold War saw competition between the U.S. and USSR for global influence.
3) U.S. foreign policy uses various instruments including diplomacy, economic aid and sanctions, international organizations, and collective security agreements to achieve its goals and shape other countries' policies.
The document discusses the implications of developing a theory of foreign policy. It explains that developing a theory allows foreign policy to be explained and predicted, helping policymakers make better decisions. The document outlines the evolution of foreign policy analysis from its early foundations created in the 1950s-1970s to new developments in the 1970s-1990s. It discusses how early scholars like James Rosenau and Harold and Margaret Sprout contributed different perspectives that helped build the theoretical foundations of foreign policy analysis.
This document discusses the key determinants of a country's foreign policy. It identifies three main categories of determinants: general/objective factors, specific/internal factors, and external factors. General factors include sovereignty, interdependence between states, promoting national interests, and internal/external conditions. Specific factors are unique to each country and include geography, history, population, resources, economic situation, development level, and military capacity. External factors encompass international organizations, world public opinion, reactions from other states, and global political/economic conditions.
American Government - Chapter 16 - Foreign Policycyruskarimian
The document discusses the historical evolution of US foreign and defense policy from the Monroe Doctrine to modern day. Key policies and doctrines mentioned include the Monroe Doctrine, Open Door Policy, Roosevelt Corollary, Truman Doctrine, containment during the Cold War, and the Bush Doctrine. It also examines tools of foreign policy like diplomacy and military aid. Current threats discussed are terrorism, nuclear proliferation, and regional conflicts.
The document discusses the purpose of US foreign policy. It states that the main purpose is to solve international problems and prevent military action as much as possible. Initially, the purpose was to protect commercial interests when the US military was weak. After WWI, the US helped financially struggling countries. This prepared the US for WWII. The 20th century saw the US defeat enemies and increase its international reputation by siding with Allied powers in two world wars. The US then followed an independent course in foreign policy.
This document provides instructions for a Model United Nations position paper assignment. Students are asked to write a 1-2 page paper summarizing their assigned nation's role in international politics by answering questions about regional blocs, historical allies, voting patterns, important resources and trade relationships, domestic policies, relationship to the economy, and major aid partners. The purpose is to gain familiarity with their nation's profile in order to effectively represent it in simulated UN debates and negotiations. Suggested research sources include the CIA World Factbook for basic country data and several UN and New York Times websites for current events and issues.
1. Foreign policy is defined as the goals and interests that shape how a country interacts with other members of the international community.
2. Foreign policy is influenced by systemic, domestic, and individual levels of analysis. The systemic level looks at global circumstances, the domestic level examines determinants within a country, and the individual level focuses on decision makers.
3. Developing a foreign policy involves creating a delegation profile with background information on a country, and then analyzing that information to determine the country's positions on relevant issues.
Chapter 5 Introductin to Civics and Ethics LART 1001 (1).pptxdaryhero42
This document provides an overview of key concepts in international relations and foreign policy. It begins by defining international relations and discussing the evolution of the modern state system. It then identifies the main actors in international relations as states and non-state actors. The document outlines different levels of analysis, from the individual to the international system level. It also summarizes several major theories of international relations, including realism, liberalism, and Marxism/structuralism. The theories are compared in terms of their views on state interests, the sources of conflict, the role of international organizations, and human nature.
This document provides guidance on developing a foreign policy for a Model UN conference. It explains that a foreign policy incorporates a country's goals and objectives in interacting internationally. A country's foreign policy is influenced by both global factors outside its control and domestic circumstances.
The document outlines several steps to prepare a foreign policy, beginning with creating a delegation profile describing a country's history, geography, demographics, politics, military, economy, and international relations. Delegates then analyze their country's position on the conference topics of internet freedom and contemporary forms of slavery. Finally, delegates develop a strategy to achieve their goals through research, understanding other countries' positions, building alliances, and creative negotiation. The overall aim is for delegates
The document outlines key concepts in political geography related to states, nations, and boundaries. It discusses the modern state and how it is politically organized, with states divided internally into districts or provinces. The document also covers the history of states and colonialism, and modern challenges to the nation-state model from forces like globalization and separatist movements. Finally, it introduces theories of geopolitics and supranational organizations that operate above the nation-state level like the United Nations and European Union.
1) The document discusses the historical role and power of nation-states in international politics and foreign policy. It argues that the power of nation-states, especially the United States, is eroding due to forces of globalization and the rise of non-state actors.
2) It analyzes factors that historically contributed to US power such as its military capabilities and geopolitical advantages. However, it asserts that organizations like NGOs and IGOs are now undermining state sovereignty and US hegemony through shared decision-making and increasing economic interdependence between states.
3) The rise of transnational threats like terrorism exemplify how non-state groups can challenge states, and globalization is enhancing the
The politics of identity in middle eastern internationalRobert Young
This document discusses identity politics and its role in international relations in the Middle East. It begins by outlining key concepts of identity formation and how identity is defined in contrast to an "other." It then examines how constructivism best incorporates the role of identity in international relations theory. Several tensions are explored between concepts of territory and identity in the Middle Eastern context. Specifically, it analyzes how state identities are less meaningful due to arbitrarily imposed boundaries cutting across communities and histories of conflict. The conclusion discusses how Middle Eastern foreign policy is shaped by both pursuing state interests but also obligations to wider imagined communities, trapping leaders between these competing forces.
PS193 – Fall 2017Country Profile AssignmentIn order to prepa.docxbriancrawford30935
PS193 – Fall 2017
Country Profile Assignment
In order to prepare properly for the conference, you need to learn as much as possible about the country you will be representing. The assignment is due on Friday, October 13th. The assignment is worth 100 points. Your assignment is to research your assigned country and compile a 4-5 page paper that provides a description of the country (you may use lists and bullet points for many of the answers) but you must cite your sources and include a reference list at the end of the paper (this is information you will need at the conference).
The Profile should include the following points:
Overview of Country:
· Map (where is it located, who are its neighbors)
· Flag
· Official Country Name
· Type of Government
· Political Structure
· Current Leaders
· Official Language (connections with other states based on language?)
· Major Religions
· Major Cities & Geography (location, transportation, terrain, amount of arable land, etc.)
· Population size and make up (young society or aging?)
· Ethnic/Cultural Composition
· History (conflicts/wars, status in world, etc.)
· Major issues/problems confronting the country
Political Record
· Human Rights Record (Have they signed the Universal Declaration of Human Rights, Have they ever been condemned by the Human Rights Council?)
· Political stability (democratic elections? dictatorship? political prisoners?)
· Allies/Adversaries
· Was it a colony (if so, to whom?) / was it a colonizer (if so, where and over whom?)
· Military Organization and Expenditures
· **Values of Political Culture (what does it value, why? What has shaped these values?)
· Example: South Sudan has fought a bloody civil war for over 25 years. The two sides have attempted to find a peaceful settlement several times but do not trust each other, thus the government is unstable, and little economic and political progress has been made.
· What are the state's political rankings for: Transparency International, Freedom House
Economics
· Economic System (what type)
· GNP/GDP (amount)
· Major Imports / Exports
· Major Trading Partners/Trading Bloc
· Standard of Living
· Environmental Stance
· Agriculture Products, Industries, Natural Resources, Energy Sources
· What are the state's economic rankings for: the World bank, HDI
United Nations Policy
· Date admitted to UN
· Reputation and Role within the UN
· Amount of UN dues & Current with due payments?
· Country Voting bloc
· Overall Strategy in the UN
The United Nations Policy is the most important part of the profile as it will provide you the greatest information to use for the conference.
Example: The United States was one of the founding members of the United Nations. It has a mixed reputation in the UN. Sometimes it has pushed efforts to increase peace and prosperity, and other times it has acted to advance its own interests in ways that appear to undermine the UN. It is the largest contributor to the UN (approximately 22% of the entire UN b.
Global politics involves the study of political systems across states and non-state actors. There are typically four main types of political systems: (1) monarchies, (2) aristocracies, (3) republics, and (4) theocracies. Legitimate forms of government include systems that rule in the interest of all citizens, while corrupt forms rule in the self-interest of a select few. The three branches of government that separate powers are the legislature, executive, and judiciary. A key aspect of sovereignty is that states have supreme internal authority over domestic affairs within their borders, and independence from external interference in international affairs.
Diplomatic and military co operations in nigeria’s foreign policyAlexander Decker
This document discusses Nigeria's use of diplomatic and military tools in its foreign policy. It provides context on the relationship between diplomacy and warfare as foreign policy instruments. The document then outlines the guiding principles of Nigeria's foreign policy since independence, including promotion of African unity and respect for sovereignty. It examines Nigeria's military engagements in peacekeeping missions in Congo in the 1960s as well as interventions in Chad and Rwanda under the OAU. The document analyzes how Nigeria has applied both diplomatic and military means to pursue its national interests and ensure stability in Africa.
Foreign Policy, Inc._ Privatizing America's National Interest (None) (2009, D...WilliamJGreenberg
This document is a summary of a book chapter that discusses Americans' general lack of interest in foreign policy issues. The chapter argues that most people are primarily focused on their local community and local issues due to the natural dominance of local space and time in people's lives. However, some minority groups do take a strong interest in foreign policy matters due to ethnic, religious or economic ties to other countries and regions. The chapter introduces the concept of a "factocracy," where foreign policy is influenced more by organized interest groups representing these motivated minorities rather than public opinion overall. The chapter uses this theoretical framework to examine the role of lobby groups in shaping U.S. foreign policy decisions.
Slide 9 WestCal Political Science 5 Western Political Thought 2016WestCal Academy
This document outlines the lecture topics for a political science course on Western political thought, including: cultural conflicts replacing Cold War ideological rivalries; causes of war such as nationalism and religion; states allying based on shared culture ("kin-country" syndrome); challenges to Western dominance from non-Western civilizations; and the influence of public opinion and legislatures on foreign policy making in democratic systems.
This document provides an overview of the concepts and key actors in international relations. It begins by defining global affairs and international relations as broad, multidisciplinary fields that introduce students to global challenges and perspectives. It then discusses some of the main concepts in international relations like national interests, foreign policy, and globalization. The document goes on to explain the historical development of the nation-state and how nationalism contributed to the rise of the modern international system of sovereign states. It identifies the main actors in international relations as state actors like countries, as well as international organizations and non-state actors like NGOs and multinational corporations.
The document discusses several topics related to money and economics:
1. It defines money and describes its main functions as a medium of exchange, store of value, and standard of value. Throughout history, various commodities have served as money.
2. Modern fiat money is no longer backed by gold or silver but is accepted due to trust in governments. The money supply includes currency as well as checkable deposits and other liquid assets.
3. Banks play a key role in money creation through fractional reserve banking by lending out deposits. The Federal Reserve influences monetary policy through tools like open market operations and interest rates.
This document discusses several key macroeconomic indicators:
1) GDP - the total market value of goods and services produced in a country in a given time period. GDP growth of 0.6% from 2006 to 2007 is modest and indicates the US economy had not fully recovered.
2) Inflation - the percentage increase in average prices as measured by the Consumer Price Index. High or hyperinflation can severely damage an economy by reducing the value of currency.
3) Unemployment - the percentage of the labor force that is jobless and seeking work. The natural rate is 4-6% but cyclical unemployment rises in recessions.
4) Business cycles - the ongoing pattern of economic expansions and
The document discusses various investment options including bonds, CDs, stocks, and mutual funds. It explains that people invest to earn money from their savings and promote economic growth. It also outlines the risks and returns associated with different investment types and advises diversifying investments to reduce risk.
The document discusses key macroeconomic indicators such as GDP, unemployment, and inflation that are used to measure the health of the economy. It defines GDP as the total market value of goods and services produced within a country in a given period. Unemployment is defined as adults actively seeking but unable to find work. Inflation is defined as the sustained rise in the general price level over time. These indicators are analyzed to identify economic expansions, contractions, and full employment.
The document discusses supply and demand. It defines demand as the quantity consumers are willing and able to purchase at different prices. The law of demand states that quantity demanded increases when price decreases. Demand can shift due to factors like income, tastes, or prices of substitutes. Supply is defined as the quantity producers are willing to supply at different prices. The law of supply states that quantity supplied increases when price increases. Supply can shift due to costs of production, number of producers, or technology. Equilibrium occurs where quantity supplied equals quantity demanded. Disequilibrium results in shortages or surpluses which push prices toward the equilibrium level.
The document discusses supply and demand fundamentals including:
1. It defines supply and demand as the amounts that consumers are willing/able to buy (demand) and that producers are willing/able to sell (supply) at various prices.
2. The law of demand and law of supply state that demand is inversely related to price while supply is directly related.
3. Equilibrium occurs when quantity demanded equals quantity supplied at the equilibrium price.
4. Disequilibrium can occur in the form of shortages when price is below equilibrium or surpluses when price is above. The market works to move back to equilibrium.
This document provides an introduction to economics, including its key concepts and the American economic system. It discusses that economics is the study of how people use limited resources to satisfy unlimited wants. It also covers the three basic economic questions of what, how, and for whom to produce. Additionally, it explains the characteristics of the American mixed economy, including limited government role, freedom of enterprise and choice, the profit incentive, private property rights, and competition.
The document provides an overview of basic economic principles including scarcity, factors of production, and different economic systems. It discusses how individuals and societies make choices to deal with limited resources. Market economies answer the three basic economic questions through supply and demand interactions in product and factor markets, as depicted in the circular flow model. The US has a mixed economy that incorporates aspects of both market and command systems.
The document provides an overview of market structures and investing. It discusses the four main types of market structure - perfect competition, monopolistic competition, oligopoly, and monopoly - and their key characteristics. It also covers various financial securities like bonds, CDs, stocks, and mutual funds; explains how the stock market works; and discusses important stock market indices and whether the current market is a bull or bear market.
The document discusses key macroeconomic indicators used to measure the health of a national economy. It defines GDP as the total market value of goods and services produced within a country in a given time period. Real GDP is adjusted for inflation to allow for accurate year-to-year comparisons. Other indicators discussed include unemployment rates, inflation rates, and the business cycle. Unemployment rates show the percentage of the labor force that is unemployed, while inflation is defined as the percentage increase in average prices from one period to the next. The business cycle refers to the ongoing pattern of economic expansion and contraction.
The document discusses the Federal Reserve and its role in managing the national economy through monetary policy. It explains that the Fed aims to keep the banking system stable and healthy by setting reserve requirements, discount rates, and conducting open market operations to influence the money supply and interest rates. The goal is to allow the economy to grow and maintain stable prices and full employment. Fiscal policy, which involves government spending and taxation, is also discussed as a tool used by the government to influence economic activity.
- The document contains agendas and instructions for economics class sessions covering topics like the stock market contest, fiscal and monetary policy, managing the economy, and the final exam.
- It provides details of class activities, assignments, readings and homework due for each day, including discussions, notes, videos, and tests.
- The final exam will be multiple choice, cover all units, and take place on Friday, January 21st in the teacher's classroom for each period.
The document discusses consumerism and different aspects of using credit. It defines consumerism as educating buyers about purchases and demanding better products. It outlines five basic consumer rights. It then defines credit as receiving funds for future payment and explains why people use credit and different types of credit like installment debt. It discusses financial institutions that provide credit and different ways of receiving credit through charge accounts and credit cards. It emphasizes the importance of credit reports and maintaining a high credit score.
People invest to grow their money over time. The main investment options are bonds, CDs, stocks, and mutual funds. Bonds are loans to companies or governments that pay interest, with levels of risk depending on the bond's rating. CDs are time deposits that pay interest at fixed rates. Stocks represent shares of company ownership that can gain value or pay dividends. Mutual funds pool money from investors to buy a variety of stocks and bonds within one investment. The stock market performance depends on factors like company earnings, news, and the overall economy.
The document discusses key macroeconomic indicators used to measure the health of an economy, including Gross Domestic Product (GDP), inflation, and unemployment. It defines GDP as the total market value of goods and services produced within a country in a given period. Inflation is defined as the percentage increase in average prices from one period to the next, as measured by the Consumer Price Index. Unemployment is the percentage of the civilian labor force that is unemployed and actively seeking work. The document also outlines the business cycle and phases of expansion, contraction, recession and depression.
Pe business organization & market structure studentNick Allgyer
There are four main types of market structure: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition is the most competitive structure with many firms producing similar products and no control over price. Monopolistic competition involves many firms producing differentiated products with some control over price. Oligopoly is defined by a few dominant firms producing similar products where the actions of one firm can impact prices for all. Monopoly is the least competitive with a single firm, no substitutes, high barriers to entry, and complete control over price.
The document discusses the concepts of supply and demand in markets. It defines demand as the desire, ability, and willingness to buy a product, which is represented by a demand schedule and demand curve. The law of demand states that price and quantity demanded have an inverse relationship. Supply is defined as the quantity of a good producers will offer for sale at a given price, represented by a supply schedule and supply curve. The law of supply says price and quantity supplied have a direct relationship. Equilibrium occurs when quantity supplied equals quantity demanded at the market clearing price. [/SUMMARY]
1. The document discusses basic economic concepts including scarcity, factors of production, opportunity cost, and different economic systems.
2. It provides an overview of the American economy, noting it has characteristics of both capitalism such as private property and competition, as well as some government intervention.
3. The circular flow model is presented as depicting how money and goods flow between households, businesses, and factors and product markets in a market economy.
The document provides an overview of basic economic principles including what economics is, the fundamental economic problem of scarcity, and the three basic economic questions of what, how, and for whom to produce goods and services. It defines the four factors of production as land, labor, capital, and entrepreneurship. It also discusses concepts like productivity, production, economic decision making including tradeoffs and opportunity costs, and different economic systems including market economies.
The document discusses different types of market structures and investments. It describes the four main types of market structures - perfect competition, monopolistic competition, oligopoly, and monopoly - based on factors like the number of producers, product similarity, and barriers to entry. It also outlines different investment options like bonds, CDs, stocks, and mutual funds, noting their characteristics, risks, and potential returns. The stock market and different stock types are explained. Overall, the document provides a high-level overview of market structures and common investment vehicles.
4. Guess the four key “C” words that go in the blank. How countries _ ? _ to/with each other. cooperate communicate compete conflict
5. Definitions of International Relations Text “The study of how countries relate to one another, how they work together, and how they conflict.” Glossary “The study of how states and other international actors interact with and relate to each other.”
6. There are 194sovereign states in the world today. What’s another word for state? State and country mean exactly the same thing.
16. Geopolitics: The influence of geography/demographics on politics – especially on foreign policy.
17. Geopolitical Factors: Aspects of geography/demographics that influence a nation’s foreign policy. Its size Its location Its climate Its population Its borders and terrain Its control of critical resources Its need for critical resources Its access to water Its neighbors (its proximity to allies and enemies) Its strategic interests around the globe
18. Our size Our location Our borders and terrain Our control of critical resources Our need for critical resources Our access to water Our proximity to allies and enemies Our strategic interests around the globe Give some examples of how these aspects of geography have influenced U.S. foreign policy – now or in the past:
19. Geopolitics involves the competition between states for : The control of strategically important territory. Access to resources. Influence throughout the world.
20. Thinking Geopolitically To think geopolitically, what questions should be asked before using military force against the country outlined in yellow on this map?
21. Thinking Geopolitically… What part of the world is this? Is this a strategically important part of the world? How far is this country from the U.S.? What is the value of this country/area in terms of natural resources, trade, bases, etc. to the U.S.? What are the natural barriers to invasion, such as seas or mountain ranges? Are the surrounding countries friends or enemies of this country? Would they support our invasion? Are the surrounding countries friends or enemies of the U.S.? What is the make-up of this country’s population? Will the people there welcome or hate us?
23. 1. Growing interdependence & regionalization Modern World Trends (Post-Cold War)
24. 2. Continued influence/power of U.S. Why is the U.S. so powerful & influential? Modern World Trends (Post-Cold War)
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26. 3. Growth of democracy & free market economies 4. Advancement of Technology & spreading of this technology throughout the world Modern World Trends (Post-Cold War)
27. 5. Multipolar global system will develop 21st century will be defined by the rise of everyone else. Modern World Trends (Post-Cold War)
29. “Underlying the behavior of nations is the concept of national interest” What question does this statement answer? Why do nations behave the way they do? DefiningNational Interest
30. What are National Interests? What is best for a particular country (TEXT) Anything that is good for or beneficial to a country.
31. A Country’s National Interests / Goals A Country’s Behavior (Its Foreign Policy)
32. Key Ideas About National Interest A country’s national interests change over time. Each country’s interests are unique, but all countries share these broad goals: State sovereignty Territorial integrity Military security Economic well-being
33. Citizens often disagree on what their country’s national interests are. National interests are ultimately defined by a country’s leaders. A country’s national interests will determine its foreign policy.
35. Developing Foreign Policy “In every nation, leaders develop a foreign policy --or a course of action--to pursue the national interests of their countries.”
36. What is Foreign Policy? “A course of action developed by a country’s leaders to pursue the national interests of that nation.” (Text) “The actions taken by a government in pursuit of a country’s global interests and goals.”
38. The Concept of Power in International Relations What is Power? Power refers to a nation’s ability to influence the actions of other nations. Why is Power Important? Powerful nations are more likely to reach their foreign policy goals than less powerful countries.
39. A country’s ability to carry out its foreign policy relies on its POWERS! 1. military power 2. economic power 3. geopolitical factors 4. technological power 5. national resolve
40. MILITARY POWER Having a strong enough military to deter (prevent) attack. Having the ability to project military power overseas.
41. A large diverse economy allows you to have a great influence in the world Have ability to trade worldwide Country contains strategic resources Have enough wealth to invest in foreign markets or buy foreign goods ECONOMIC POWER
43. With advanced technology countries believe they can compete with more powerful nations Ex.’s: better weapons, education, communication, etc. TECHNOLOGICAL POWER
44. Definition – when people share strong beliefs about national interests & a strong desire to achieve them STRONG NATIONAL RESOLVE
46. What are they? The specific actions taken by a state in pursuit of its national interests. States have political, economic, & military tools! “Tools” of Foreign Policy
47. Did you ever hear the phrase “Carrot – and – stick”? comes from the idea of driving a donkey by either holding out a carrot or whipping it with a stick.
60. Political Tool: Alliances An alliance is a multilateral agreement among nations to protect each other in case of attack Based on idea of collective security –the idea that peace and security is best achieved by states acting together to confront aggression.
61. Our most important alliance? NATO North Atlantic Treaty Organization NATO meeting at NATO headquarters in Brussels, Belgium.
62. Political Tool: International & Regional Organizations The purpose of joining these organizations is to have a place to cooperatively address problems that affect all/most nations International Org. example: United Nations – wants to promote peace! Regional Org. example: European Union – wants to promote economic cooperation
63. Political Tool: Propaganda Nations use propaganda (one sided info) to gain support of its policies or to discredit the policies of others
70. Refuse to attend an event/conferencePolitical & Economic Tool: Sanctions
71. Economic & Military Tool: Foreign Aid 1. Economic aid – given in form of cash grants, loans, food, technology 2. Military aid – cash grants, weapons, training programs, military advisors
72. Military Options 1. Show of Strength – position armed forces around world to show power 2. Terrorism – commit acts of violence or destruction to gain attention for political causes 3. Limited Military Response – short term actions to force another nation to back down from dispute 4. War – last resort military action Military Tool: Use of Force
76. Approaches to Foreign Policy Isolationism Internationalism Policy of isolating one’s nation from the affairs of others Means avoiding alliances with other states and following a policy of strict neutrality . Supporter of sovereignty Policy of active involvement in world affairs. A policy of economic and/or political cooperation with other nations in an attempt to gain benefits for all
79. Appeasement Taken to the extreme, a policy of trying to avoid war may result in appeasement -- a policy of buying off an aggressor by giving in to its demands.
80. Interventionism Non-Interventionism Policy of a nation to intervene into another nation’s affairs Interventionists was to use military force, or the threat of force, to interfere in another nation’s affairs. Why would a nation ever want to intervene into someone else’s problems? Policy that a nation will avoid alliances and all wars (unless self-defense situations arise) Why would a nation use this policy? Approaches to Foreign Policy
81. Approaches to Foreign Policy Unilateralism Multilateralism A policy of acting alone –without consulting allies. What’s the problem with this policy? A policy of acting together with other nations. What’s the problem with this policy?
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83. states should abandon the use of force and encourage cooperation of societies=This means states look out for others, besides themselves!
Editor's Notes
Means being able to control your country’s internal affairs and to keep other countries from butting in.
Geopolitics helps to determine a country’s relations & overall strength1. Territory Size – Large nations have certain advantages like containing important resources or having more diversified landWith larger size opportunity to have different soil/climate/terrain that will suit anything (creates diversified economy)2. Climate – weather has huge impact on country’s economy (talk about examples) Is there enough rainfall to produce own food? If not you must rely on other nations (huge issue!)3. Terrain – affects a nation’s security (talk about examples) Kuwait was easily invaded b/c it is a desert plain rather England is island & has high cliffs to prevent from attack4. Control of Strategic Resources – if there is a great world wide demand for a country’s resource it yields great power for that country (talk about examples) Oil producing countries are greatest example with significant power5. Population How might a population be influential on economy, gov’t, culture?
During Cold War, what was world like? Bipolar (only 2 major superpowers) who controlled most of world in some way or another (had major influence) but since Soviet collapse major changes have been occurring1. Multipolarity usually leads to fragmented world like in WWII but today countries rely on one another so much (ex. European Union & NAFTA), multipolar is when world power is divided among many nations
During Cold War, what was world like? Bipolar (only 2 major superpowers) who controlled most of world in some way or another (had major influence) but since Soviet collapse major changes have been occurring1. Multipolarity usually leads to fragmented world like in WWII but today countries rely on one another so much (ex. European Union & NAFTA), multipolar is when world power is divided among many nationsU.S. has strongest military in the world & one of the most diverse & wealthiest economies but other countries are catching up
3. In 1950 about 22 countries were democracies (31% of world’s population) but in 2000 120 countries were democracies (58% of population)With fall of communist gov’ts in eastern Europe it inspired people to seek own democratic movements, seeking opportunities to vote & hold elections Democratic nations think they should not go to war with one another (certain restraints like public opinion & checks & balances), usually seen as seeking more peaceful resolutions4. Free market- free trade, private ownership of factors of prod & business, less gov’t involvement allows countries to connect with one another & diversify economic opportunities in each nation5. Through the internet & new mass communication technologies countries are sharing economic & political ideologies therefore helping to pull the developing countries up to level of the developed (Internet will only speed up process of globalization)KEY TREND – with common interest in economic prosperity & democracy leaders will be more inclined to work together to solve problems instead of war over differing ideologies
Ex. Acquire nuclear programs = North Korea, Iran, Iraq
Strong economy = many jobs, high standard of living brings stability to nation (little unemployment & poverty so other nations want that!Economic stability brings political stabilityEx. Soviet Union has biggest nuclear arsenal but poor economy caused discontent & breakup
Ex. Japan (few natural resources but spent millions on Research & Development for microelectronics)-military (A bomb) importantSmall countries can compete with larger ones economically & militarily
Propaganda & media motivate citizens to support nation’s goals (ignite nationalism for sacrifice) ex. ‘s like 9/11 & Pearl Harbor (threats to security)Japan devastated after WWII but through resolve were able to build great nation/economy
. that normalize relations.Diplomatic recognition is extended to each other’s governments.
When problems can’t be solved by normal diplomats or ambassadors then summits may start
Isolationism – Examples – Do not want alliancesDo not want international agreementssupports non-interventionist in military policy & supports protectionism for economic policyNon-interventionism – Political rulers should avoid entangling alliances with other nations and avoid all wars not related to direct territorial self-defense. Protectionism – There should be legal barriers to control trade and cultural exchange with people in other states. Internationalism
Ex.’s of non-interventionists were George Washington & Jefferson, modern day Ron PaulU.S. interventionism has often resulted in sending American troops into other countries to protect U.S. interests.
UNI - Supporters believe that the U.S. should exercise its power without the limitations imposed by allies and international agreements.MULTI - Argues U.S. should work with other nations to solve global problems.Argues the use of military force is only legitimate if the international community supports it.