12 Questions
What is the primary function of trade unions in a country?
To protect the well-being of workers
What type of organization provides financial assistance to important projects?
Development agencies
What is the benefit of owning bonds in a corporation?
Allows one to earn interest
What is the purpose of civil organizations?
To expose the conditions of the marginalized sector
What is the main goal of transnational advocacy groups?
To influence the government on neglected matters
What type of organization is composed of people with common interests?
Cooperative
What is the main characteristic of a command economy?
No private companies or individuals are allowed to do business
What is the main function of the Armed Forces of the Philippines (AFP)?
To help the government maintain peace and order
What is the primary role of the Department of Education (DepEd)?
To ensure the quality of education based on the needs and norms of society
What is the main difference between state and non-state banks?
State banks are backed by the government, making bankruptcy less likely
What is the primary role of corporations in non-state banks?
To manage the bank and invest in projects to gain profit
What is the main characteristic of a corporation?
It is a group of individuals with a separate legal identity
Learn about the differences between communist and democratic systems, including their economic structures and roles of government and private entities. This quiz covers state institutions, such as the Armed Forces of the Philippines, and their functions.
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