How Are Laws, Customs, Conventions, and Other Institutional Elements That

question 35

Multiple Choice

How are laws, customs, conventions, and other institutional elements that sustain an economy categorized?  

• A) as rules of the game 
• B) as human capital 
• C) as natural resources 
• D) as financial institutions

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Definitions:

Union Density

The proportion of workers in a particular industry or country that are members of a labor union.

Organizational Power

The capacity of individuals or groups within an organization to influence decisions, control resources, and direct behavior.

Resource Mobilization

The process of acquiring, allocating, and managing resources (such as financial, human, informational) necessary for an organization or movement to achieve its objectives.

Civil Citizenship

Recognizes the right to free speech, freedom of religion, and justice before the law.