by kdkasi | Feb 24, 2018 | Social Institutions
Political institution is the organization which is responsible for formulation and execution of law. It also work as mediator to resolve conflict and formulate economic and social system policies. It is responsible for representing the general population. Political...
by kdkasi | Feb 24, 2018 | Social Institutions
Following are the functions of economic institutions which include Social stratification, Power and authority, Interdependence of other Institutions, Needs satisfaction, Employment, Division of Labor and Provision of funds. Social Stratification: In capitalist system,...
by kdkasi | Feb 24, 2018 | Social Institutions
There are the five components of economic structure which are Property ownership, Labor force, Distribution of products, Economic norms and Exchange value. Each of the components is explained in detail below. Property OwnershipProperty ownership is dependent upon the...
by kdkasi | Feb 24, 2018 | Social Institutions
Economic institution involves the consumption, production and distribution of commodities and services. Production is taken in to consideration because it is important to know how much goods should be produced, whether it is profitable to invest in weapons or cars or...
by kdkasi | Feb 24, 2018 | Social Institutions
There are many functions of education few of them are given below; Transmission of Culture Education instill and transmit the social norms values and beliefs into the next generation. Teacher himself or herself have been through the similar phase of learning, after...
by kdkasi | Feb 21, 2018 | Social Institutions
The aim and objective of educational institution is to equip the individuals with techniques to fulfill the needs of life. Education refine our attitude and behavior which helps us to behave in a certain way in a given situations. Education shows us the path towards a...
