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Quiz (Economic and Nonstate Institutions)

Quiz by Tracy John Henry Reyes

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25 questions
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  • Q1

    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.

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  • Q2

    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

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  • Q3

    They are organizations with international membership, scope or presence.

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  • Q4

    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.

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  • Q5

    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.

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  • Q6

    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.

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  • Q7

    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.

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  • Q8

    It refers to the quantity of goods or services that are available to sell at a given price and period of time.

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  • Q9

    It refers to the quantity of goods or services that consumers are willing to purchase at a given price and time period.

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  • Q10

    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.

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  • Q11

    An example of International Non-governmental Organizations

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  • Q12

    An example of International Governmental Organizations

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  • Q13

    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. 

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  • Q14

    An organization of workers whose main objective is to protect the welfare of its members.

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  • Q15

    It refers to an autonomous association whose membership is voluntary toward the attainment of common economic, social and cultural needs or aspirations.

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