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What do you mean by institution? Write the chief characteristics of institution?

Answer» An institution is something that works according to rules established or at least acknowledged by law or by custom. Thus, “an established and structured pattern of behaviour or of relationships that is accepted as a fundamental part of a culture” can be referred to as social institutions. There are social institutions that constrain and control, punish and reward. Social institutions can be macro like the state or micro like the family.


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