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Inna's Power Point.

Economic institutions refer to organizations involved in the production, distribution, and purchase of goods and services, such as producers, manufacturers, and retailers. Redistribution is the collection of goods and services by a central authority, like the government, church, or community leader, and distribution of those goods to members. It is an important everyday activity that helps ensure all members of a society can meet basic needs. Examples of redistribution include church tithes, potlatch ceremonies, and government social services funded by tax revenue.

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Sheirel Arzaga
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52 views19 pages

Inna's Power Point.

Economic institutions refer to organizations involved in the production, distribution, and purchase of goods and services, such as producers, manufacturers, and retailers. Redistribution is the collection of goods and services by a central authority, like the government, church, or community leader, and distribution of those goods to members. It is an important everyday activity that helps ensure all members of a society can meet basic needs. Examples of redistribution include church tithes, potlatch ceremonies, and government social services funded by tax revenue.

Uploaded by

Sheirel Arzaga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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ECONOMIC

INTITUTIONS:

REDISTRIBUTION
‘ECONOMIC
INSTITUTIONS’
Refers to:
 a network of commercial organizations that determine
how goods and services are produced, generated,
distributed, and purchased.
Examples: Producers, manufacturers, retailers,
wholesalers, buyers.
 the particular agencies or foundations devoted to the
gathering or the studying of economic data, or
authorized with the job of supplying goods and services
that are necessary to economy of a country.
Examples: the Philippine Bureau of Internal Revenue, the
U.S. Federal Reserve, the National Bureau of Economic
Research
 the popular and thriving arrangements and structures
that are part of culture or society
Examples: competitive markets, the banking system, a
system of property rights
LEARN ABOUT IT!

 What is redistribution?

 Why is it an important activity of


societies?

 How do you compare redistribution from


reciprocity?
In relation to Sociology

Redistribution is an everyday
activity of societies. Members of
the society contribute by giving
their goods that would be
collected by the head of the
community followed by a
distribution of the goods among
the members.
Example:

A.) Church tithes


 The church acts as the central organization that pools
the goods donated by its members in the form of
tithes or donations. The church manages these tithes
and donations for the maintenance of the church itself
and its projects and programs in which most of time,
its members are recipients. By that process, the tithes
or donations given by the members are being
redistributed to them, especially the less fortunate
members.
B) Potlatch
 It is a ceremonial distribution of property and gifts
celebrated by most Pacific Northwest tribes. In every
celebration, each person invited to a potlatch receives
a gift. Ceremonial formalities were observed in the
distribution of gifts or goods by the donor according
to the social rank or status of the recipients.

Potlatch in Relation to Economics


Traditionally, the potlatch is the economic system of the
natives of South America. Today, the potlatch is still
evident in our economic system.
In Relation to Economics

 Redistribution refers to the collection of goods and


services of people and groups to be given by a
central authority for allocation.
In Relation to Economics
Economic Institutions, Redistribution, and
their Impacts on the Global Community
 As we have learned in Chapter 3, redistribution refers to
the collection of goods and services of people and groups
to be given by a central authority for allocation. Both
producers and consumers are economic institutions in
which the government or central authority collects taxes
from them and allocates these funds for projects which are
also for the use of economic institutions. If one failed to
do his function, there would be dysfunction and economic
imbalance in society.
 Redistribution in the Family or Community
 Redistribution is evident in our society. Family, as the
smallest unit of society, performs simple redistribution.
The mother or father, as the head of the household,
collects a part of his or her children’s income and allocates
it to food and pending bills. This serves as the basis for
sustained community efforts under a political leader.
 Keypoints
 Economic institutions refer to the network of commercial organizations that
determine how goods and services are produced, generated, distributed, and
purchased.
 In sociology, redistribution is the system of exchange that involves the centralized
collection of products from members of a group followed by the distribution of
those goods among the members.
 In economics, redistribution refers to the collection of goods and services of
people and groups to be given by a central authority for allocation.
 In politics,
redistribution is the process by which electoral districts are added,
removed, or changed.
 Potlatch is a ceremonial distribution of property and gifts by the donor according
to the social rank or status of the recipients.
 Taxation is the process where the government collects taxes from people to turn
into social services.
 Church tithes are the donations that are given to religious institutions to be used
for their programs and projects.
 A redistribution is
a form of reciprocity. It differs from mere reciprocity, which is a
back-and-forth two-party exchange.
 The activities ofthe economic institutions play vital roles in shaping and
maintaining the stability of the global community.
 Family, as the smallest unit of society, performs redistribution.
QUESTIONS TO BE ANSWERED:
 

QUESTION 1
What is the system of exchange which involves the collection of goods by a centralized authority
to be distributed among people?
 
QUESTION 2
What is the ceremonial feasts where possessions of people are given away to display prosperity,
kindness, and prestige?
 
QUESTION 3
What refers to donations to religious institutions for projects and developments?
 
QUESTION 4
The national government is conducting relief operations to those affected by the calamity in
various provinces. This is an example of −−−−−−−−−−−−_.
 
QUESTION 5
John has been tasked to take charge of the food his friends brought for their night swimming. In
this scenario, John served as an/the−−−−−−−−−−−−_.
 
 
QUESTION 6
If the transfer of the goods or services to people did not pass through a centralized
authority or person, can it be considered redistribution?
 
QUESTION 7
In what aspect are reciprocity and redistribution similar to each other?
 
QUESTION 8
Redistribution gives a sense of feeling that people in the community are taken care of.
What does the statement imply?
 
QUESTION 9
What does it mean when a government does not deliver back the taxes it collected
from the people in the form of social services and programs?
Answered:

#1: The system of exchange which involves the collection


of goods by a centralized authority to be distributed
among people is called ‘sociology’ which is have relation
into a redistribution system.
#2: The ceremonial feasts where possessions of people are
given away to display prosperity, kindness, and prestige.
#3: The donations to religious institutions for projects and
developments is called Church tithes.
#4: The national government is conducting relief
operations to those affected by the calamity in various
provinces is an example of ‘economic institutions’.
#5: John served as an/ the retailers.
#6: If the transfer of the goods or services to people did
not pass through a centralized authority or person,
transfer of the goods can considered as redistribution
because it is their responsibility to supply and serve their
services.
#7: Reciprocity and Redistribution similar through having
a relationship to each group and to those persons whose
belong to their groups.
#8: Redistribution gives a sense of feeling that people in
the community are taken care of imply that in every
consumer/costumer feel the good services of how those
server serve them.
#9:If the government does not deliver back the taxes it
collected from the people in the form of social services
and programs it means the corruption because they didn’t
release the tax for those people they’ve been collect
taxes.

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