ECON3109 Lecture Notes - Lecture 3: Serval, Nuclear Family, Group Dynamics
Document Summary
Its not genetic, differences caused by upbringing and child rearing. Importance of educating women, as they are the ones that bring up the children, and its their views that a bought up in the next generation. Are the kinds of structures that matter most in the social realm: they make up the stuff of social life. The increasing acknowledgement of the role of institutions in social live involves the recognition that much of human interaction and activity is structured in terms of overt or implicit rules. We may define institutions as systems of established and prevalent social rules that structure social interactions. Language, money, law, systems of wrights and measures, table manners, and firms (and other organisations) and thus all institutions" This reflects the cumulative effect over time of much high savings and investment ratios in rich countries. Faster rate of population growth in developing economies: slowing population growth in developed countries.