Presentation The Post-American World Professor Bongiorno’s Class 1 December 2015 1

Presentation

The Post-American World

Professor Bongiorno’s Class

www.jackhampton.com

1 December 2015

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2

Question

The population of China is 1,350 million. Most of these people lived in poverty in 1979. How many were lifted out of poverty since then?

•200 million

•450 million

•700 million

•900 million

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Answer

The population of China is 1,350 million. Most of these people lived in poverty in 1979. How many were lifted out of poverty since then?

•200 million

•450 million

•700 million

•900 million

4

Question

How many of the world’s 192 countries are absorbing poor people into productive and growing economies?

• 80

•110

•140

•170

5

Answer

How many of the world’s 192 countries are absorbing the poor into productive and growing economies?

• 80

•110

•140

•170

6

Question

After covering housing and food, what percent of the world’s population had less than two dollars a day of additional spending money in 1984?

• 56%

• 40%

• 24%

• 12%

7

Answer

After covering housing and food, what percent of the world’s population had less than two dollars a day of additional spending money in 1984?

• 56%

• 40%

• 24%

• 12%

8

Question

After covering housing and food, what percent of the world’s population have less than two dollars a day of additional spending money today?

• 56%

• 40%

• 24%

• 12%

9

Answer

After covering housing and food, what percent of the world’s population have less than two dollars a day of additional spending money today?

• 56%

• 40%

• 24%

• 12%

10

Question

Which of the following was defined by Alan Greenspan in the 1990s as the most important economic event of the 20th century?

Fall of the Soviet Union. Rise of the Internet. Development of the personal computer. Opening of China.

11

Answer

The Fall of the Soviet Union. Central planning was totally discredited. Capitalism is the only viable approach

to organizing a country’s economy.

Rise of the Internet.

Development of the personal computer.

Opening of China.

12

Question

Which of the following would you define as the most important economic event of the 20th century?

Fall of the Soviet Union. Rise of the Internet. Development of the personal computer. Opening of China.

13

Answer

Which of the following would you define today as the most important economic event of the 20th century?

Fall of the Soviet Union. Rise of the Internet. Development of the personal computer. Opening of China.

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Question

Which of the following predictions proved to be the most accurate?

Melting of polar ice caps. Demand for electricity. Pollution of the atmosphere. 2008 financial crisis.

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Answer

Polar ice caps: Melting at twice

predicted rates.

Electricity Demand: Has outrun

expectations.

Air Pollution Much worse.

2008 Financial Warren Buffett

Crisis predicted it

accurately (2003).

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Question

Who mostly can take credit for winning the Second World War? United States. Russia. China. United Kingdom and France.

17

Answer

Russia. 75% of Germans on the eastern front Germany incurred 70% of casualties

and 30 million people died. Fareed Zakaria claims the European

front was almost a sideshow, yet it receives all the attention in the West.

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Question

World affairs from 2000 to 2008 were linked mostly to a warlike area with dry and hot desert conditions and a foreign accent when speaking English. Was it:

•The Middle East..

•Pakistan and Afghanistan.

•Egypt and Tunisia.

•Someplace else.

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Answer

World affairs from 2000 to 2008 were linked mostly to a warlike area with dry and hot desert conditions and a foreign accent when speaking English. Was it:

•The Middle East..

•Pakistan and Afghanistan.

•Egypt and Tunisia.

•Texas. (The Bush Years)

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Question

World affairs from 2009 to 2015 were linked mostly to a society in chaos as a result of a non-functioning government. Was it?

•The Middle East.

•Pakistan and Afghanistan.

•Egypt and Tunisia.

•Someplace else

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Answer

World affairs from 2009 to 2015 were linked mostly to a society in chaos as a result of a non-functioning government. Was it?

•The Middle East.

•Pakistan and Afghanistan.

•Egypt and Tunisia.

•Washington, D.C.

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Question

In what country will you find the following? Tallest building. ________ Richest person. ________ Largest public company. ________ Largest investment fund. ________ Largest Ferris wheel. ________ Largest casino. ________

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Answer

Country: Tallest building. UAE

(Dubai) Richest person.

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Answer

Country: Tallest building. UAE

(Dubai) Richest person. U.S.

(Gates) Largest public company.

25

Answer

Country: Tallest building. UAE

(Dubai) Richest person. U.S.

(Gates) Largest public company. China Largest investment fund.

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Answer

Country: Tallest building. UAE

(Dubai) Richest person. U.S.

(Gates) Largest public company. China Largest investment fund. UAE or

Norway Largest Ferris wheel.

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Answer

Country: Tallest building. UAE (Dubai) Richest person. U.S. (Gates) Largest public company. China Largest investment fund. UAE Largest Ferris wheel. Singapore Largest casino.

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Answer

Country: Tallest building. UAE (Dubai) Richest person. U.S. (Gates) Largest public company. China Largest investment fund. UAE Largest Ferris wheel. Singapore Largest casino. China

(Macao)

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Question

In what country will you find the following? Largest movie industry. ________ Largest shopping mall. ________ Fastest train ________ Most luxurious hotel ________ Largest swimming pool ________

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Answer

Country: Largest movie industry. India Largest shopping mall.

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Answer

Country: Largest movie industry. India Largest shopping mall. China

(Beijing)

Fastest train

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Answer

Country: Largest movie industry. India Largest shopping mall. China

(Beijing) Fastest train China Most luxurious hotel

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Answer

Country: Largest movie industry. India Largest shopping mall. China

(Beijing) Fastest train China Most luxurious hotel Dubai Largest swimming pool

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Answer

Country: Largest movie industry. India Largest shopping mall. China

(Beijing) Fastest train China Most luxurious hotel Dubai Largest swimming pool Chile

35

Question

West strove for labor efficiency while the East considered manpower to be cheap.

•Yangtze Delta and English farmland in 1800.

•Comparable in output.

•Average farm size? England. ____ acres or ____ hectares. Yangtze. ____ acres or ____ hectares.

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Answer

Average farm size: England. 150 acres or 53 hectares. Yangtze. One acre or .4047 hectares.

China versus West in 1400s

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38

Question

West strove for economic efficiency while the East followed central governing.

Admiral Zheng had 317 vessels much larger than European ships.

The emperor stopped all expeditions in the 1430s.

What was the result?

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Answer

The result: China stopped global exploration and

languished. The West made ocean voyages self-

sustaining commercial ventures. The western voyages contributed

mightily to growth and the creation of wealth.

Question

What are the five most important countries in the world?

40

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Answer

Where is China on your list? Largest country in population. Fastest growing economy. Largest manufacturer. Second largest consumer. Largest saver. Second largest military spender.

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Time?

Do we have the time to think about how the Post-American world affects our lives and our careers?

The End

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The End?

Or is it just the beginning?

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