Questions and Answers
What is the main characteristic of a state?
Is an organized political community united by common set of laws
Which element is essential for a state's existence?
Territory including land, water, and airspace
What distinguishes the concept of state from the concept of government?
The particular group of people that controls the state at a given time
What is the primary function of a trade union?
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What is the main characteristic of cooperatives?
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What is the primary role of banks?
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What is the role of a government in a state?
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What is sovereignty related to?
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What is a monarchy?
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What is the main characteristic of totalitarianism?
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What do commercial banks provide to businesses and individuals?
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What defines a corporation as a for-profit entity?
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What is the primary objective of not-for-profit entities?
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What do multinational corporations (MNCs) extend?
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What are nonstate institutions?
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What does investment banks act as?
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