Social Institutions

These are examples of non-state institutions, except _________.

• banks and corporations

• cooperatives and trade unions

• religion

• none of the choices

An essential part of a society where it has been the basis of most of the laws and rules of governance among different states since ancient times.

• banks

• religion

• trade union

• corporations

Banks primarily create profit by lending a portion of the deposited money to corporations.

• True

• False

Trade unions and cooperatives are established to maintain the welfare of the workers and the consumers.

• True

• False

Cooperatives and trade unions are directly involved with economic systems of production and distribution in the society.

• True

• False

A legal entity established under the state law and is designated to generate a profit.

An institution that is within the control of the State.

Both state and non-state institutions are essential to the development of the society.

• True

• False

These are organised sets of elements such as beliefs, rules, practices and relationships which are established with the aim of attaining social order.

• Economic Institutions

• Cultural Institutions

• Political Institutions

• Social Institutions

Non-state institutions strive to provide services and other necessities which the members of the society need.

• True

• False