L07 Cultural, Social, and Political Institution Flashcards
provides the distribution of goods and services to the members of the society.
Economic Institution
refers to the non-market exchange of goods or labor ranging from direct barter
to forms of gift exchange where a return is eventually expected.
Reciprocity (Cultural Anthropology)
a change of ownership of an asset or a movement of funds and or assets from one account to another.
Transfer
a system of economic exchange involving the centralized collection of goods from members of a group followed by the distribution of those goods among those members.
Redistribution (Cultural Anthropology)
Exchange of goods through a market
Market Transactions
an actual or nominal place where forces of demand and supply operate and where buyers and sellers interact (directly or through intermediaries) to trade goods, services or contracts or instruments for money or barter.
Market
an organized political community living under a single system of government.
State
Establishments which are not owned and controlled by the government.
Non-state Institution
places or institutions where people place
or deposit their money or savings with corresponding interest on a given period of time and or assets for safekeeping.
Banks
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Corporations
a legal entity owned and
democratically controlled by its members.
Cooperatives
an organization whose membership
consists of workers and union leaders, united to protect and promote their common interests.
Trade Union
are fluid and open relationships among knowledgeable, committed actors (individuals and organizations)
Transnational Advocacy Groups
campaign on behalf of principled causes, sets values and ideas, vulnerable constituencies or environments.
Importance of Transnational Advocacy Groups
an organization with international membership, scope or presence
International Organization
