summaries

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

mendi926QuizQuestions: 10
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Who are the authors of 'Why Nations Fail: The Origins of Power, Prosperity, and Poverty'?
What is the core argument of the book?
Which type of institutions do the authors argue create prosperityInclusive institutionsExclusive institutionsMonarchiesDictatorships
Identify a country used as an example of a nation with 'Extractive Institutions' in the book?
What is the counterpart concept of 'Inclusive Institutions' in the book?
What is the main causative factor of 'poverty' according to the book?Extractive InstitutionsLack of ResourcesPoor InfrastructureLow Education
According to the book, what is the result of having a centralized power structure?
Which year was the book 'Why Nations Fail' published?
What typically happens in nations with 'inclusive institutions' according to the authors?ProsperityStatus quoStagnationPoverty
Who initially builds the institutions according to the authors, the elites or the society?The ElitesThe SocietyNon-governmental OrganisationsInternational Organizations