1. The framers sought to prevent an accumulation of arbitrary and unaccountable power by dividing government in some fundamental ways. List 3 of those ways. (LS; W)
2. In discussing the foundations of American government, what are the things listed as the foundations of political thought? (LS)
3. What are the Era's of government described in the main Text? (LS, 3)
4. What are the 6 Roles of Government? (LS, 3)
5. What are the major parts of the Constitution? List, and know what each does (LS; W)
6. What did the Framers mean by "representational democracy" and how is it different from "direct democracy"? (LS; W)
7. The text describes three models of business/government relations, list them. (LS; 2)
8. What is Corporate Social Responsibility (CSR)? (LS; 6)
9. What are some things from the text and lecture that a Corporation could do to be considered socially responsible? (LS; 6)
10. What is meant by 'ethics'? (LS; 6)
11. What is meant by an "ethical moment"? (LS)
12. What is meant by the term "Deadbeats" when describing credit card owners? (OM Video)
13. What is power? How is it distinguished from force? (LS)
14. What word describes how power is exercised in globalization? (LS)
15. List the elements of the iron triangle. Why is it significant? (LS; W)
16. What is meant by the term "revolving door"? (7)
17. Know how many Assembly districts and Senate Districts there are in California Government (LS, Video)
18. Know the terms "economic growth" and "economic development" and be able to differentiate between the two. (LS; 8)
19. List the three primary economic development strategies. (LS: 8)
20. Understand the term Mercantilism and mercantile economics (LS; 8)
21. Who is Adam Smith? What did he mean by "absolute advantage"? (LS; 1; 11)
22. Who is David Ricardo? What theory did he develop? (LS; 1; 11)
23. In critiquing mercantilism, Smith recognized what 3 factors that contribute to production? {8, LS)
24. Be able to recognize all the financial and non-financial tools for economic development. (8, LS)
25. Know what GDP and GNP are, and know the difference. (LS, 8)
26. What are "clusters" and what is the Cluster Theory? (9
27. Recognize the 10 forces that Friedman believes flattened the world and explain why you think they were significant. (L; OM)
28. What is meant by "the flat world"? (L, OM)
29. Friedman describes three thought paradigms of human economic activity throughout history. The first is the Agricultural age. What are the next two? (L, OM)
30. If hierarchical relations characterized the industrial age in business and government, what word does Freidman use to describe the globalized world? (L, OM)
31. According to Friedman, what is the significance of "informing"? (L)
32. What does Friedman mean when he refers to "the steroids"? (L; OM)
33. How is "collaboration" distinguished from the other forms of working together? (LS)
34. What is meant by "soft power" in a global world? (LS)
35. What are the two major events that ushered in globalization? (LS)
36. What is meant by globalization? (11 +LS)
37. Describe the major characteristics of globalization. (LS; 11)
38. What is meant by Free Trade? (LS; 11)
39. What is the difference between "absolute advantage" and "comparative advantage"? (LS; 11)
40. What are the 6 forms of trade protectionism listed in the text? (LS, 11)
41. What are Import Quotas? . (LS; 11)
42. What are some of the arguments for trade protectionism? (LS; 11)
43. The textbook describes the practice of "dumping" and gives an example involving shoes. Describe "dumping" and indicate the country that the US has accused of dumping shoes. (LS; 11)
44. What was NAFTA and what were its objectives? (LS; 11)
45. List and be able to recognize some of NAFTA's results? (LS; 11)
46. Know the difference between the budget deficit and the national debt and how the first affects the other. (LS;)
47. Which of the leaders in the book developed the strategy known as MAXCAP05? (D)
48. Which of the leaders in the book had a major part in initiating a popular TV show because of his leadership and strategy (D)