Part I: The Local Impact of the Global Economic Crisis

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Part I – The Local Economy
Develop a brief summary of the changes in your home town economy. Provide examples of these changes through a variety of different mediums. You may create a video, write an essay or journal, create a multimedia presentation, or a combination of each which includes the following:

  1. An interview with a local citizen about how the crisis has impacted their life
  2. A summary of businesses that have closed in the area over the last three years, including how many of these were locally owned versus corporate owned
  3. A summary of the number of jobs and homes lost in the area over the last three years
  4. Other examples of economic decline (i.e. housing projects or other construction left unfinished, closed banks and other loan companies)
  5. Examples of initiatives and programs in the local economy to help facilitate economic development
 
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Keystone National Economic Crisis on International Community Project

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Part III: Impact of the Economic Crisis on the International Community
“We must remember that developing countries don’t have automatic stabilizers. We don’t have integral social service systems that protect people and families from the crisis, but rather people and their families receive the entire effect of the crisis because we don’t have these systems of protection.”
While the impact of the economic crisis of 2008 still resonates through the local communities of the United States, it has also had an effect on communities around the world. The decline in major consumer markets such as the United States, China and Great Britain has reverberated across the globe. The decline in overall consumption and spending by the world’s most wealthy nations has been devastating on smaller communities reliant on this spending.
In Part III of the Semester Final Project, you will visit the United Nations Development Programme website about the global impact of the economic crisis to research and gather information to complete your assignment.
The project can be submitted in the format of your choice, such as a slideshow presentation, research paper, or journalistic podcast, as long as all criteria below are addressed. The project should include two parts:

  1. A report on the international impact of the global crisis, including three outcomes of the overall impact of the economic crisis on developing countries.
  2. A report on one of the five regions of the world covered on the United Nations website, with a specific focus on how the economic crisis has impacted that region. Start by addressing the questions below.
    • How has the economic crisis impacted the region?
    • What steps are being implemented by the UNDP to facilitate development?
    • What is the immediate economic outlook for the region?
    • What other steps are being taken locally or globally to address the issues being faced?

Please access the United Nations Development Programme website to begin your research, and then continue your research beyond this one resource. (Or use the following keywords in an online search: United Nations Development Programme Economic Crisis)
Please include links from your research to supporting articles, videos, images, websites, blogs, etc. to help explain how the world in general, as well as the region you select in particular, have been impacted by the economic crisis.

 
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Monetary Policy 2008 Economic Crisis Presentation

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1.Create a visual presentation (PowerPoint, Google Slides, or Prezi are best) that gives a
comprehensive overview of all significant points from the term paper
2.Use whatever technological process that is convenient to you to record a video of
yourself giving the presentation Note: You do not need to physically appear in the video
presentation, but you should at least record your voice talking over the visual
presentation/slides. Please save your presentation in an MP4 format(5-10 min)
 
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Economic crisis 2008, management

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Well class, here we go again!!! Shortly after President Obama assumed office, the public was informed the the “bankers” and “wall street” boys were at it again! Please consider the following:
1. These individuals received a “whopping” $140,000.000.000 in bonuses……$10,000,000,000 more than the $130,000,000,000 in bonuses received the year before!.
2. “Wall Street”ws giving out these record bonuses as “Main Street”was still on the verge of calapse!
3. Tax-Payers’ Money: As a result of the “bailout” wall street had access to our money to be used without adequate constraints, restrictions, or penalties.
4. According to the media, we are out of the recession, consumer confidence is up, and investors are starting to see acceptable returns on their investments……thus, in part, providing impetus for the awarding of these exorbitant bonuses.
5. However: Unemployment is still up high, Mortgage Foreclosures are still up! Productivity is still down! Balance of Trade is negative! Consumer Saving is down!, etc.
DISCUSSION:
What are your thoughts/opinions?!
Here are a few questions or “food for thought” to get you started:
1. What does this discussion have to do with this course and you personally?
2. Did our government “over-sight” agencies drop the ball?!
3. Are these individuals “high performers” and deserve such exorbitant amounts of money for a job well-done? These are the same people who wrecked the economy?
4. Has the definition of Capitalism changed? Does “New Capitalism” give these individuals the right to extract as much as they can from the economy without consequence.
5. Does our economic system encourage and legalize greed.? Is this acceptable?
Once again, the aforemention is just to get you started, feel free to expand!
6. What are the Solutions?
DISCUSSION: I EXPECT 100% PARTICIPATION!
 
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