Society – group of people that shares territory, interaction, and culture.
FILIPINO SOCIAL MEDIA PHENOMENON –Filipinos earned the title of “Social Networking Capital of the World.”
FILIPINO TEXT MESSAGING PHENOMENON - the art of texting provides Filipinos a convenient vehicle with which to express themselves
ASWANGPHENOMENON - Filipinos equate aswang with the country’s social evils-more of a symbolic social evil which harms the people rather than a real monster.
LEGISLATIVE - responsible for making laws
EXECUTIVE - the one who implement the laws; responsible for the overall governance of the state
JUDICIARY - the one who interpret the laws
RECIPROCITY - transactions between two socially equal parties having the same status with regards to values of goods or services
GENERALIZED RECIPROCITY - a form of transaction which utilizes gestures that expresses personal relationships than economic transaction
BALANCED RECIPROCITY - the giver is expected to gain something in return
NEGATIVE RECIPROCITY - practiced using deceiving ways to gain profit
STATE INSTITUTION - have state functions and are established to govern the state
NON-STATE INSTITUTION - International actors who are largely or completely autonomous from the state
BANK - it is a place where people deposit or save their money
CORPORATION - legal unit that is distinct from its owners.
COOPERATIVES - jointly owned enterprises
NON-GOV’T ORGANIZATIONS - It refers to an organization which is independent of government involvement