
Quiz (Economic and Nonstate Institutions)
Quiz by Tracy John Henry Reyes
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It is a company or group of people authorized to act as a single entity and recognized as such in law, where ownership is through stockholders who own particular shares in the company.
They operate in the development of entire countries. They are the funders and donors. They operate by giving loans or grants to other countries to be used for development
They are organizations with international membership, scope or presence.
It refers to the voluntary giving or taking of objects without the use of money in the hopes that, in the future, they could be given back.
It is the exchange of goods and services without a definite time frame of when the favor should be returned. In this form of reciprocity, individuals giving out the favors do not expect to receive anything back.
It occurs when individuals’ goods or services are pooled together by a central authority to be used at a later time. The central authority may refer to a regional collection point, a storehouse, or the national capital.
It is the amount required or agreed upon by the exchanging parties. It is the amount of money used in exchange for a certain product.
It refers to the quantity of goods or services that are available to sell at a given price and period of time.
It refers to the quantity of goods or services that consumers are willing to purchase at a given price and time period.
A place where people deposit or save their money with corresponding interest on a given period of time. It lends money both to the public and private organizations.
An example of International Non-governmental Organizations
An example of International Governmental Organizations
They are involved in social advocacy to promote principled causes, ideas and values. Their goal is to give the powerless a voice in the domestic and international lawmaking body.Â
An organization of workers whose main objective is to protect the welfare of its members.
It refers to an autonomous association whose membership is voluntary toward the attainment of common economic, social and cultural needs or aspirations.
A cooperative is owned by its members.
Simple activities like borrowing and returning a pen could be categorized as reciprocity.
Economic exchanges, which are an important part of a functioning economy, happen for different reasons and through different ways.
Reciprocity could take the form of barter, hospitality, gift-giving, and selling.
It is an exchange occurs between groups or individuals with the donor expecting to receive something of equal or similar value.
In pre-industrial societies, balanced reciprocity is usually organized through trade agreements.
This form of reciprocity happens when one party involved in the exchange is trying to get more about it than the other person.
It refers to the organized process of sale and distribution at money price. This would imply that for all forms of transactions within a market, money is heavily utilized.
It consists of objects that serve as means of exchange for goods and services.
Common social advocacies include human rights, consumer rights, women’s rights, environmental issues, and international peace