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What are the three types of institutions?

The three types of institutions are economic institutions (such as banks and corporations), social institutions (such as family and education systems), and political institutions (such as government and legal systems).


What is the Nigerian political economic system?

I believe it is better to say 'politico-economic system', as a single wording or separately as 'political and economic systems'. They both mean thesame thing, and infer that there is a strong interchange between the political system (with institutions & Politicians as actors) and the economic system (with corporations & businessmen as actors). In this situation, those who have political powers control the economic system, and those who have economic power influences or control the political system.


What were ideas of the enlightenment?

what were economic ideas of the enlightenment


What is the subject matter of political economy?

Political economy studies political processes through the application of rational choice theory and economic methods. It understands the world using a primarily individual, self-maximising framework and focuses heavily on political institutions and their effect on economic outcomes.


What was the name of the autonomous Greek regions in which the political economic and religious institutions were concentrated in central cities?

i dont even have a answer foer you


Which cultural term refers to the rules that govern the functions of institutions organizations and interest groups?

Economic System


How did the enlightenment change economic thinking?

what were economic ideas of the enlightenment


What were the characteristics of the progressive country?

Political reforms, independent government institutions, and sound economic policies are some of the characteristics of the progressive country. Proper management of public institutions is another characteristics of a progressive country.


What are extractive political institutions?

Extractive political institutions are systems of governance that concentrate power and resources in the hands of a small elite, often to the detriment of the broader population. These institutions typically lack accountability, limit political participation, and suppress individual freedoms, thereby enabling the elite to exploit resources and maintain control. This leads to economic inequality and underdevelopment, as opportunities for growth and innovation are stifled. In contrast, inclusive political institutions promote broader participation and equitable resource distribution, fostering sustainable development.


When did enlightenment begin?

The Enlightenment began in the year 1715 and ended in the year 1789.


What are the types of political economic systems?

there is no such thing as political economic systems, there are only economic political systems


Why do you study political economy?

You don't.