How did the global financial meltdown of 2008 occur and what were its effects on developing countries?

SOC 300- Answer these four questions as comprehensively as possible.  Your answers can come from your readings or the Internet, but be sure to cite all of your sources.


Question 1

    What steps can governments of developing states take to alleviate the living conditions in their urban areas?  And don’t say ‘spend more money’ unless you can come up with a way for them to raise this money in the first place.


Question 2

          What exactly is an institution and why, according to Daron Acemoglu and James A. Robinson, do weak institutions cause some nations to fail?


Question 3

       How did the global financial meltdown of 2008 occur and what were its effects on developing countries? 


Question 4

          What are the most significant risk factors for anyone living on less than $2 a day? Bear in mind that children are more vulnerable than anyone else.

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