Make a Reflection paper about "How do you define Institutionalism" and "Why do you define it like that".
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Make a Reflection paper about "How do you define Institutionalism" and "Why do you define it like that".
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Answer:
My reflection is Institutionalism is a general approach to governance and social science. It concentrates on institutions and studies them using inductive, historical, and comparative methods. Institutions have often been understood as formal organizations governed by written laws or rules.
Explanation:
Institutionalism
- Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior.
Definition of institutionalism
- emphasis on organization (as in religion) at the expense of other factors.
- public institutional care of disabled, delinquent, or dependent persons.
- an economic school of thought that emphasizes the role of social institutions in influencing economic behavior.
Why is institutionalism important to us?
- Institutions also have an important redistributive role to play in the economy they make sure that resources are properly allocated, and ensure that the poor or those with fewer economic resources are protected.
Answer:
If "institutionalism" was part of the First Century Church , we wouldn't have needed to name it.
Explanation:
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