Quiz Flashcards
There are different models of social institutions used in different countries nowadays, most of which are inspired by the long history of their country while others are influenced by other nations.
Institutions
There are two major types of state or social institutions:
the communist, based on command economy; and the democracy, based on capitalist economy
Most communist countries, like the (give two countries) that are governed by their respective governments alone. They do not allow private companies or individuals to do business in their land; thus, the people have no opportunity to choose because the government decide what is best for their own citizens
Union of Soviet Socialist Republic (USSR), and North Korea
is a kind of government based on capitalism where the government provides the major industries but allows private entities or individuals to produce goods and services for the people; thus, citizens are given much freedom to choose for themselves
Democracy
are the Government-controlled institutions used to fulfil the wishes of the Philippine State: public service and public control.
State institutions or Political institutions
Some of the major state institutions in the Philippines are:
DepEd, LGU, AFP, DA, DBM,
is created to support the needs of the local barangays or communities.
LGU Local government unit
Is the one responsible for maintaining peace and harmony throughout our territory.
AFP or Armed Forces of the Philippines
is the one responsible for the promotion of agricultural development by providing the policy framework, public investments and support services needed for domestic and export-oriented business enterprise.
DA
formulates and implements the National Budget to support national socio-economic plans and objectives and ensures the efficient and sound utilization of government funds and revenues
DBM
Today, private corporations headed by executives controls the major industries in the country with very minimum government supervision, most of these are petroleum (Shell, Caltex and Petron), telecommunication (Smart, Globe and PLDT), transportation (Cebu Pacific and Philippine Air Lines), etc
Privatization
headed by executives controls the major industries in the country with very minimum government supervision, most of these are petroleum (Shell, Caltex and Petron), telecommunication (Smart, Globe and PLDT), transportation (Cebu Pacific and Philippine Air Lines), etc
Private corporations
Give examples of Petroleum (3), telecommunications (3), and transportation (2)
petroleum (Shell, Caltex and Petron), telecommunication (Smart, Globe and PLDT), transportation (Cebu Pacific and Philippine Air Lines)
These entities significantly affect the lives of the people either directly or indirectly (Baleña 2016). Meanwhile, corporations based on profit manage most television networks in the country. They are duty bound to serve the public by giving current news and information but more so entertainment to attract viewers. An example of these are
ABS-CBN, GMA 7 and TV5
will fall under the state institution as it is a government-owned television network which serves as the country’s public broadcasting network.
PTV(People’s Television Network)
operating to satisfy many of our short-term and long-term, small-scale and large-scale, and tangible and intangible demands
Non-governmental organization
Non-state institutions include the following:
BPO, BPI, and landbank
help us keep our money, avail different kinds of loan, and exchange currencies. The accumulated money of the bank is invested to some projects to gain profit; this is how banks pay their workers and depositors’ interest depending on the agreed terms. Moreover, banks help the country by providing financial assistance to those entrepreneurs who wanted to create or expand their business. By doing so, they also provide job opportunities among local citizens.
Bank
owned by a group of people, but has a separate legal identity (the owners of a corporation are not responsible for its own debts). Corporations offer stocks (determines level of ownership), as well as bonds (allows one to earn interest). These generate large amounts of capital, which is needed for growth
Corporation
There are some entrepreneurs who are only after for profit, and they tend to maximize working hours and minimize wages as much as possible. They look after the well-being of the workers. Collectively, they raise issues such as low salary, lack of compensation, etc. to the management that sometimes ends up with work “stoppage” or strike until the demands of both sides are met.
Trade unions
Collectively, they raise issues such as low salary, lack of compensation, etc. to the management that sometimes ends up with work “_____” or strike until the demands of both sides are met.
Stoppage
are made up of people with common interest who agreed to work together for easy, safe, and affordable access to commodities, loans, and other services. They are created to help and empower one another with a minimum help from the government
Cooperatives
romote progress by engaging in projects, policymaking, and dialogue (Contreras et al. 2016). Some countries with active agencies in the Philippines are Japan (JICA), Canada (CIDA), and U.S.A. (USAID). Those providing financial assistance include the Asian Development Bank (ADB). Development agencies works as a bank that provides financial assistance to important projects.
Development agencies
Some countries with active agencies in the Philippines are
Japan (JICA), Canada (CIDA), and U.S.A. (USAID).
Those providing financial assistance include the
Asian Development Bank (ADB)
works as a bank that provides financial assistance to important projects.
Development agencies
include academic institutions, research teams, mass media, religious organizations, and people’s organizations. They provide facts about the life’s various realities to influence policy-making (Contreras et al. 2016). These organizations are created to expose the conditions of the marginalized sector of the society by using mass media as its platform as they raise critical issues to the government.
Civil organizations
influence the government to take action on matters commonly neglected. A group maybe a national or an international organization that promotes and advocates progress and development related to particular issues of the society. (Contreras, et al., 2016).
Transnational advocacy groups
Types of private corporations
Telecommunications, petroleum, transportation
BPI and BPO stands for?
Bank of the Philippine Islands, Business process outsourcing
GOCC means
Government-Owned and Controlled Corporation
Capital of Canada
Ottawa
