Bell Ringer

1. 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?

We will…

You will be able to…

Recognize how TRADE connects the people and countries of the modern world.

Today in class…

LanguageSocial StudiesDefine: European Union, IMFMultinational Corporation, WTONAFTA

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