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t. e. A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater ...
Traditional authority is a form of leadership in which the authority of an organization or a regime is largely tied to tradition or custom. Reasons for the given state of affairs include belief that tradition is inherently valuable and a more general appeal to tradition .
In British English, "government" sometimes refers to what's also known as a "ministry" or an "administration", i.e., the policies and government officials of a particular executive or governing coalition. Finally, government is also sometimes used in English as a synonym for rule or governance.
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
Public administration is both an academic discipline and a field of practice; the latter is depicted in this picture of U.S. federal public servants at a meeting.. Public administration, or public policy and administration refers to "the management of public programs", [1] or the "translation of politics into the reality that citizens see every day", [2] and also to the academic discipline ...
e. A mixed economy is an economic system that accepts both private businesses and nationalized government services, like public utilities, safety, military, welfare, and education. A mixed economy also promotes some form of regulation to protect the public, the environment, or the interests of the state. This is in contrast to a laissez faire ...
Governance is the overall complex system or framework of processes, functions, structures, rules, laws and norms born out of the relationships, interactions, power dynamics, cultures and communication within an organized group of individuals which not only sets the boundaries of acceptable conduct and practices of different actors of the group ...
A state is a political entity that regulates society and the population within a territory. [ 1 ] Government is considered to form the fundamental apparatus of contemporary states. [ 2 ][ 3 ] A country often has a single state, with various administrative divisions. A state may be a unitary state or some type of federal union; in the latter ...