Typical region names the part of the world where a social institution is most commonly found. Wikipedia describes the potlatch as "traditionally the primary governmental institution, legislative body, and economic system" among "Indigenous peoples of the Pacific Northwest Coast of Canada and the United States." This dimension groups institutions rooted in the same region.
Facts
Comparison
Established Era Peru
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Sources
1. Wikipedia: Institutional economics
WikipediaInstitutional economics, lead sectionQuote, Institutional economics, lead section
Its name and core elements trace back to a 1919 American Economic Review article by Walton H. Hamilton.
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