The economy is an important social

institution as it addresses problems

regarding limited resources of the
society: The process of production, the
amount of resources that are being
produced, are some of the matters
handled by economic organizations.
Open- Market Transactions- refers to a transaction in
which an order is placed by an insider, after filling all
appropriate documentation, to buy or sell restricted
securities openly on an exchange.

Close- Market Transactions- take place when there is

an order placed by a company’s insider to buy or sell
restricted securities from within the company’s own
treasury. This also requires filling of appropriate
documentation to ensure the legality of the process.
Markets and State- the markets and the state are inevitably
related to one another. The decisions made by either one of them
will definitely affect the other.
- While the government does not have direct control over the
markets today, they are capable of encouraging economic growth
and influence how the benefits of the growth are distributed.
Redistributive exchanges are made to properly distribute wealth
and ensure distribution of wealth from the better off to the poor.
- The state plays multiple roles in guiding the economy. These
can be divided into essential roles, beneficial roles, and politically
general roles.
 -END OF LESSON-
Reported By:
Avila, Princess Ann
Batawan, Kimber Mae
Gomez, Jamaica Mae
Jabas, Johuana Lhesty
Stotomas, Jeremiah
ABM 11- Love