1. Warm Up – January 3
Unit 1 Review - Answer the following questions on a sheet of paper:
Explain the differences between a citizen, alien, refugee and immigrant.
How did Thomas Paine’s Common Sense influence the signing of the Declaration of Independence?
How did the Declaration of Independence reflect philosophies of John Locke?
What were the weaknesses of the Articles of Confederation?
Why did the colonists fear a strong central government when writing the Articles of Confederation?

2. Civics and Economics
Globalization

4. Globalization of the Economy
Entire world = increasingly seen as one single market
Globalization = an approach to the world economy that favors:
Reduction of tariffs
Free global movement of capital
A mobile and temporary workforce
Privatization of state-run enterprises
Stopping government efforts to regulate the economy
Cuts in taxes and government spending

5. Globalization of the Economy
New Technologies
Innovations in shipping
Huge oil tankers
Air express services
Fiber-optic cables
Internet

6. Reglobalization
The world began to “reglobalize” after WWII, following the contractions of the 1930s
Involved the accelerating circulation of:
Goods
Capital (money and investments)
People

7. Ford recently opened a new engine plant just outside of Mexico City
Circulation of Money
Money has become extremely mobile in two major ways:
Foreign direct investment = when a company or firm in one country opens a factory in another country
Rich countries and companies are always after: cheap labor, tax breaks, and looser environmental regulations
Ford recently opened a new engine plant just outside of Mexico City

8. Transnational Corporations
Transnational Corporations (TNCs) = global businesses that produce goods or deliver services simultaneously in many countries
Example: Mattel Corporation’s Barbie doll made in factories in Indonesia and China, using molds from the U.S., plastic and hair from Taiwan and Japan, and cotton cloth from China
McDonalds in foreign countries such as Japan and China

9. Growth, Instability, and Inequality
Economic globalization has helped generate the most remarkable increase in economic growth and creation of wealth in world history
Value of total world output in 1950 = $7.1 trillion
Value of total world output in 2003 = $55.9 trillion
Positive impacts on human welfare:
Growth in life expectancies
Declining infant mortality rates
Increasing literacy
Falling world poverty

10. Civics and Economics Final Exam Review
Use sagercivics.weebly.com Study Guide is listed under January 3 - Unit 1 – Foundations of Government Unit 2 – Structure of Federalism Unit 3 – Political Parties and Elections ​Unit 4 – Legislative and Executive Branches Unit 5 – Judicial Branch and Court Systems Unit 6 – Personal Finance Literacy Unit 7 – The Economy

11. TOD - January 3
Unit 2 Review - Answer the following questions on a Sheet of Paper:
Describe the six principles of the US Constitution
What is the term to describe powers given to the federal government? Term for powers given to the state governments? Term for the powers shared by both federal and state governments?
What rights are protected by the 1st Amendment?
Why did the Anti-Federalists want a Bill of Rights included in the Constitution?