Professional Documents
Culture Documents
Nonstate Institution
Nonstate Institution
INSTITUTION
Understanding the Culture,
Society, & Politics
Presented by | Group 2
BANKS AND CORPORATIONS
Banks and corporations both play a part in the economic
growth of society. In short, loans from the bank will keep
businesses going. Continued operation of businesses leads to
greater chances of generating more income for the business
and increasing employment. More income would entail more
savings to be deposited in a bank which will be used to lend
to future customers. In this case, it can be seen that the bank
plays a role in facilitating the cycle of expediting investments
and generating more income and savings.
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https://sklthebest.home.blog/2018/10/01/ucsp-module-4-non-state-institutions/
SOME OF THE MOST COMMON TYPES OF BANKS ARE AS FOLLOWS:
A retail bank is a type of bank that focuses on consumers or the general public as its
customers. One’s personal bank account, like checking and savings accounts, is
usually in a retail bank. Retail banks can be considered to be the most common and
widespread of all the types of banks.
A commercial bank also provides the same services as a retail bank; however, it
focuses on businesses and businessmen as its main customers.
Commercial banks provide short-term loans for businessmen for investment purposes
An investment or an industrial bank provides medium and long-term loans and
deposits to business industries.
There are different types of corporations that are classified based on specific factors
like the corporation’s purpose, manner of taxation, and number of shareholders.
A business corporation is created to operate and generate profit. Companies like
McDonald’s and Starbucks are examples of business corporations.
A non-profit corporation is established to serve the public rather than pursue profits.
A corporation whose income is taxed through the corporation itself is a C- 2
corporation.
COOPERATIVE & TRADE UNIONS
A non-state institution (NSI) is an organization or entity that operates
independently from the formal structures of the government or state.
These institutions are typically private or non-governmental
organizations that are not directly controlled or funded by the state.
Non-state institutions can exist in various sectors, such as Private
Sector and Religious Institution.
For Examples:
1. Professional unions: Represent workers in specific professions
(e.g., nurses union, pilots union).
2. Industrial trade unions: Represent workers in a particular
industry (e.g., automotive workers union, steel workers union).
https://ica.coop/en/cooperatives/what-is-a-cooperative
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https://www.ilo.org/global/topics/workers-and-trade-unions/lang--en/index.htm
TRANSNATIONAL ORGANIZATION
GROUPS
Examples:
1. Amnesty International: Advocates for global human rights.
2. Greenpeace: Promotes environmental conservation worldwide.
3. Doctors Without Borders: Provides medical aid in crisis zones.
4. World Economic Forum: Addresses global economic challenges.
5. International Red Cross: Offers humanitarian aid in
emergencies.
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Additionally, Transnational Organization groups, or NGOs,
operate internationally with diverse members and shared goals.
They advocate for policy change, provide essential services, and
contribute to conflict resolution, impacting global governance,
economy, and society. Despite challenges, they play a crucial
role in addressing global issues and promoting cooperation for a
better world.
https://www.studysmarter.co.uk/explanations/social-studies/global-
development/transnational-corporations/ 7
DEVELOPMENTAL AGENCIES
Development agencies are organizations, often governmental or non-profit,
dedicated to promoting economic, social, and environmental progress in
regions or countries facing various challenges. These agencies typically
work on a range of initiatives aimed at improving living standards,
reducing poverty, enhancing infrastructure, and fostering sustainable
development. They operate through a combination of funding, technical
expertise, and capacity-building efforts, collaborating with local
governments, communities, and other stakeholders to achieve their goals.
Examples include:
NATO (North Atlantic Treaty Organization) - an alliance for
mutual defense among member states like the US and
European nations.
Organization of Petroleum Exporting Countries- a coalition of
oil-exporting nations such as Saudi Arabia and Venezuela
regulating oil production and prices.
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Toyota - a multinational corporation manufacturing and selling
cars globally, adapting to local cultures and markets.
National Geographic Society - an international nonprofit
promoting scientific exploration and environmental
conservation through research and education initiatives.
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https://education.nationalgeographic.org/resource/international-organization/
Understanding the Culture,
Society, & Politics
THANK YOU!
Presented By : Group 2