Week 7
Week 7
a. Authoritarian
Government
Authoritarian governments
differ in who holds power
and in how control they
assume over those who
govern. An example of this
type is Monarchy.
Monarchy is a form of
government in which
supreme power is
absolutely lodged with an
individual, who is the head
of the state, often for life or
until abdication.
Totalitarianism is a political
system that strives to regulate
nearly every aspect of public
and private life. It
theoretically permits no
individual freedom and that
seeks to subordinate all
aspects of individual life to
the authority of the state.
b. Oligarchic Government
An oligarchy is a form of
government in which power
effectively rests with a small-
elite segment of society
distinguished by royalty, wealth,
family, military, or religious
hegemony. An oligarchy does not
have one clear ruler, but several
powerful people who rule. One
common example is theocracy.
Theocracy is a government by
divine guidance or by official who
are regarded as divinely guided.
Leaders are members of the clergy,
and the state’s legal system is
based on religious law.
Contemporary examples of
theocracies include Saudi Arabia,
Iran, and the Vatican.
c. Democratic Government
Democracy is a form of
government in which the
right to governs is held by
the majority of citizens
within a country or a state.
The two principles of
democracy are that all
citizens have equal access to
power and that all citizens
enjoy universally recognized
freedoms and liberties.
Roles of the States
1. State provides security against external aggressions and war. For this
purpose, the state maintains an army.
2. State ensures security against internal disturbances disorders and
crimes. For this purpose, the state maintains police.
3. State legally grants and guarantees the rights of the people.
4. The state issues and regulates currency and coinage.
5. State undertakes steps for the creation of necessary conditions for the
socio-economic-politico-cultural development of the people.
6. State grants citizenship and protects their interests and rights.
7. State conducts foreign relations, foreign trade and economic relations.
8. State secures the goals of national interest in international relations
Nonstate
Institution
s
Learning Targets
At the end of the lesson, the learner is expected
to:
Describe non-state Distinguish Understand the
Identify non- institutions in importance of non-
state functions of non-
terms of their state institutions to
state institutions in
institutions in distinct the society; and
the growth of a
the society; characteristics; country’s economy.
Nonstate Institutions Main functions:
1. Banks – a 1. Depository of savings
financial institution
licensed to receive 2. Largely responsible
deposits and make for payment systems
loans. 3. Issue loans to both
provides people and companies
financial
services, Two Types of
such as Banks:
wealth
management a. Commerci
, currency al/Retail
exchange Banks
and safe b. Investment
deposit Banks
boxes.
2. Corporations
Firm that meets certain legal requirements to be recognized as
having a legal existence, as an entity separate and distinct from its
owners.
These are owned by their stockholders (shareholders) who share in
profits and losses generated through the firm's operations.
Three Distinct Characteristics:
a. Legal existence - a firm can (like a person) buy, sell, own, enter
into a contract, and sue other persons and firms, and be sued by
them. It can do good and be rewarded, and can commit offence
and be punished.
b. Limited liability - a firm and its owners are limited in their
liability to the creditors and other obligors only up to the resources
of the firm, unless the owners give personal guaranties.
c. Continuity of Existence – a firm can live beyond the life spans
and capacity of its owners, because its ownership can be transferred
through a sale or gift of shares.
Types of Corporations:
Market demographics
Real estate costs and availability; zoning a d
regulatory issues
Workforce demographics
Referrals to similar companies and other
resources
7. International Organizations
A body that promotes voluntary cooperation and coordination
between or among its members.
There are many types of international organizations, but one way
of categorizing them is to distinguish between intergovernmental
organizations and supranational organizations.
The European Union (EU) is partly an intergovernmental
organization and partly a supranational organization.
intergovernmental - occurring between or involving to or
more governments
supranational - involving more than one country
Roles: