institucijoms
Institutions are enduring structures that guide social behavior, coordinate collective action, and support the delivery of public goods and services. In Lithuanian, the word institucijoms is the dative plural form of institucija, used to mean “to the institutions” or “for the institutions.”
Institutions are typically categorized as formal or informal. Formal institutions comprise official bodies such as legislatures,
Functions of institutions include providing predictability, reducing transaction costs, protecting rights, resolving disputes, and organizing the
Institutions evolve over time, affected by political change, economic development, and cultural factors. They may be
Examples of institutional change in modern history include the expansion of democratic governance, the development of