L#. NONSTATE INSTITUTIONS Flashcards
Institutions which are not owned and controlled by the government. can be profit or no-profit
Nonstate Institution
A place or institution where people place or deposit their money or savings with corresponding interest on a given period of time and, or assets for safekeeping.
Bank
It is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Corporations
It is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled business
Cooperatives
It is an organization of workers who have come together to achieve common goals such as protecting the integrity of its trade, improving safety standards, achieving higher pay and benefits such as health care and retirement, increasing the number of employees an employer assigns to complete the work, and better working conditions
Trade Union
The most common purpose of these associations or unions is “maintaining or improving the conditions of their employment”
Trade Union
It is the largest democratic trade organization in the Philippines consisting of several workers’ organizations and trade unions in the country, with its members encompassing all sectors and industries (from agriculture to manufacturing to service) including government employees, associations/ organizations of groups,
The Trade Union Congress of the Philippines (TUCP)
They are transnational networks ‘organized to promote causes, principled ideas, and norms, and they often involve individuals advocating policy changes that cannot be easily linked to a rationalist understanding of their interests.
Transnational Advocacy Groups
It is an organization committed to contributing aid. Many professional aid organizations exist, both within government between governments as multilateral donors and as private voluntary organizations or non-governmental organizations.
Development Agency
