A financial institution licensed to provide various financial services.

What are Commercial Banks?

Financial institutions that provide deposit services and convenience, including credit and debit cards.

Define Investment Banks.

Financial intermediaries that perform a variety of services for businesses and some governments.

What is a Corporation?

A form of business operation that declares the business as a separate entity guided by a Board of Directors.

What are For-profit entities?

Corporations formed to generate revenues and provide returns to shareholders.

Define Not-for-profit entities.

Organizations dedicated to a particular social cause, such as educational or charitable purposes.

What are Multinational Corporations (MNCs)?

Business organizations that extend ownership, management, and sales activities into several countries.

What are Cooperatives?

People-centered enterprises owned and run by members to meet their common economic, social, and cultural needs.

What are Trade Unions?

Organizations formed by workers from related fields to work for the common interests of their members.

What are Transnational Advocacy Groups (TAGs)?

Groups that play an important role in international politics and contribute to changing policies.

What are Development Agencies?

Organizations established to develop cooperation between the public sector, private sector, and civil society.

What is Formal Education?

A structured educational system from primary school to university, including vocational training.

Define Elementary Education.

Compulsory formal education primarily concerned with providing basic education.

What is Secondary Education?

Education that continues basic education and includes learning employable skills.

What is Tertiary Education?

Higher education institutions classified as public or private colleges or universities.

What is Non-formal Education?

Organized educational activities outside the established formal system.

Define Informal Education.

A lifelong process of acquiring knowledge and skills from daily experiences.

What is Special Education?

Education for persons who are physically, mentally, or culturally different from normal individuals.

What are the functions of education in society?

To enable productive citizenry, self-actualization, and transmit cultural heritage.

What is Social Stratification?

The ranking of people in a society based on various factors.

Define Social Differentiation.

How people can be distinguished from one another based on various characteristics.

What are Ascribed Statuses?

Statuses assigned by society without regard to a person's abilities.

What are Achieved Statuses?

Statuses earned by individuals based on talent, skills, and perseverance.

The evaluation of status based on a person's position in society.

Define Power in a social context.

The ability to influence others and achieve desired outcomes.

What is an Open System of social stratification?

A class structure that encourages people to strive and achieve.

What is a Closed System of social stratification?

A system that accommodates little change in social position.

What is a Caste System?

A closed stratification system where individuals have little ability to change their social standing.

What is Social Mobility?

The movement within the social structure from one social position to another.

What is Vertical Mobility?

The movement of individuals or groups from one status to another, involving change in class or power.

What is Horizontal Mobility?

A change in position without a change in status.

What is Geographical Mobility?

The voluntary movement of people from one geographical area to another.

What is Role Mobility?

The shifting of individuals from role to role within society.

UCSP Q2 Flashcards

Student preview

40 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a State?

Back

A group of people occupying a definite portion of territory, possessing a government of their own, to which the inhabitants render habitual obedience.

2.

FLASHCARD QUESTION

Front

Define Government.

Back

An agency through which the will of the people is expressed, carried out, and formulated.

3.

FLASHCARD QUESTION

Front

What is Monarchy?

Back

A form of government in which supreme power is absolutely lodged with an individual.

4.

FLASHCARD QUESTION

Front

What is Totalitarianism?

Back

A political system that strives to regulate nearly every aspect of public and private life.

5.

FLASHCARD QUESTION

Front

Define Oligarchy.

Back

A form of government in which power effectively rests with a small elite.

6.

FLASHCARD QUESTION

Front

What is Democracy?

Back

A form of government in which the right to govern is held by the majority of citizens.

7.

FLASHCARD QUESTION

Front

What are Nonstate institutions?

Back

People and/or organizations that participate in international affairs but are not affiliated with any state.

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