1. Provide three examples of human institutions that manage or reduce risk. For each, explain the principal means the institution uses to reduce risk. (short paragraph answer for each example)

2. Define "institution," and provide three examples. Your answers can be of institutions that manage or reduce risk, or otherwise. It should be clear however how each of the examples you cites fits with the generic definition of institutions that you provide. (one or two paragraph answer) (This question overlaps with the previous question, and it is unlikely I would use both on the same exam.)