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PRE-FI Disciplines and Ideas
PRE-FI Disciplines and Ideas
II – Read the statements very carefully. Write TRUE if the statement is TRUE and FALSE is the
statement if false.
_______1. Informal Institutions are officially established and commonly accepted throughout society
like practices, standard or label of behavior.
_______2. The government is an example of a formal institution.
_______3. Public Institutions are necessary organizations especially in political attribute.
_______4. Institutionalism is an approach aligned to methods and approaches in Economics.
_______5. The 8K Social Amelioration (SAP) is one of the formal institutions.