MANATAD NATIONAL HIGH SCHOOL

Manatad,Sibonga, Cebu

SUMMATIVE TEST IN PHILIPPINE POLITICS GOVERNANCE

Name: ___________________Grade & Section: ________________Date:____________

MULTIPLE CHOICE: Read each item carefully and answer the questions. Encircle the letter of
the correct answer.
1. It is a social rule that says people should repay, in kind, what another person has provided
for them; that is, people give back the kind of treatment they have received from another.
A. Transfer B. Reciprocity C. Redistribution D. Market Transactions
2. The exchange of goods and services through a market. The set of market transactions
taking place in the economy is most important in terms of measuring gross domestic
product.
A. Market Transactions B. State- Market Relations C. Redistribution D. Transfer
3. A company or an organization that deals with money or with managing the distribution of
money, goods, and services in an economy.
A. Banks B. Government Organization C. Economic Institutions D. Reciprocity
4. A call for holistic view of the relationship between the material and relational dynamics of
society, on the one, and between these dynamics and institutional dynamics on the other.
A. State- Market B. Market transactions C. Transfer D. Redistribution
5. These are institutions that are not controlled by the government or by the state.
A. Economic Institutions B. Non- State Institutions C. Trade Unions D. Cooperatives
6. A firm owned, controlled, and operated by a group of users for their own benefits.
A. Cooperatives B. Trade unions C. Redistributions D. Market transactions
7. They are free flowing and open relationships among knowledgeable and committed
actors’ individuals and organizations.
A. Cooperatives B. Trade unions C. Transnational advocacy Groups D. Banks
8. It refers to a voluntary association of either employees or employer or independent
workers to protect their interest and becomes an instrument of defense against exploitation
and maltreatment.
A. Cooperatives B. Trade unions C. Banks D. Transnational advocacy Groups
 MANATAD NATIONAL HIGH SCHOOL
Manatad,Sibonga, Cebu
9. These are groups that promote voluntary cooperation among its members.
A. Transnational advocacy Groups
B. International organizations
C. Economic Institutions
D. Non- state institutions
10. It is a payments that are made without any goods or service being received in return.
A. Reciprocity B. Transfer payments C. Redistribution D. Reciprocity

II. Make a 5/10 sentences Reflection on the poster/pictures you have observed.