UCSP - STATE AND NON-STATE INSTITUTIONS

Institution

an established organization or corporation (such as a bank or university) especially of a public character; a facility or establishment in which people (such as the sick or needy) live and receive care typically in a confined setting and often without individual consent.

STATE INSTITUTIONS

• the organized, political bodies

• there are certain organizations that help keep these basic institutions in place

Armed Forces of the Philippines (AFP)

helps the government maintain peace and order throughout its territory

Local Government Units (LGU)

created to cater the needs of the local barangay or communities

Department of Education (DepEd)

ensures the quality of education based on the needs and norms of the society

different branches of the government

create, implement, and interpret the laws we use as guides for our conduct

• public service

• public control

government-controlled state institutions fulfill the wishes of the Philippine State:

NON-STATE INSTITUTIONS

• institutions that are organized by private individuals or groups for the purpose of providing services to the members of society

• are not controlled by the government but are regulated through laws and statutes of the state

Trade Unions and Cooperatives

• have the primary role of promoting labor welfare and good industrial relations.

• are organizations comprising workers and laborers with common goals, purposes, and interests.

• mostly concern employment relations, decency, welfare.

Financial Institutions

• are organizations that serve as bridges or intermediaries that facilitate the flow of money in various transactions.

• this means that they serve as links between the source of funds, the depositor, the fund user, and the borrower.

• serve as a link in the transfer of money from the source to the borrower is very important to our economy

Banks

• receive savings and deposits from their clients. These may be loaned out to borrowers.

• provide safe-keeping place for money and valuables of individuals

• they also perform a role in settling payments and credit intermediation.

• started during the Renaissance period in Italy.

• the word 'bank' traces its origin from the Old Italian word banca which means 'table' or 'bench,' and is where transactions occurred at that time.