A political and sovereign organization that welcomes the population of a certain geographical area and is in charge of regulating society.
A state is a sovereign political organization that welcomes the population of a certain geographical area and is in charge of regulating society, through entities that can be external or governmental, political, social, and economic spheres.
The State should not be confused with the term nation, since the first is part of the second and, although there is always confusion, these concepts do not mean the same thing.
The main characteristics of a State are the following:
The elements that make up a State are the following:
The main functions of a State are the following:
In order for a State to achieve its established objectives, power is divided into the following 3 branches:
Executive power |
Its main representative is the president. The function of this power is to administer the State, guaranteeing compliance with the rights and duties of the population, for which it has the capacity to manage foreign and domestic policy. |
Legislative power |
One of its functions is to sanction and reform the laws that govern a State. It is also in charge of exercising political control over the actions corresponding to the branch of the executive power. |
Power of attorney |
Its main function is to administer the justice of the State. |
There are three main sectors that intervene directly in the economy: families, companies, and the State; which are called economic agents. These are related to each other and are constituted as fundamental elements for the proper functioning of an economy.
The State as an economic agent has the function of collecting and administering taxes from other economic agents, that is, by families and companies. Other sectors in which the participation of the State as an economic agent affects is in its intervention in public investments to satisfy the needs of the population, influencing the purchasing power of households.
Likewise, it is the agent with the capacity to regulate the economic system through macro and microeconomic laws and guidelines.
Thank You