________ is/are any set of formal rules,informal norms and related enforcement mechanisms that constrain people's choices.

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Institutions are formal and informal rules and norms that shape the way people interact with each other and with their environment. These rules and norms may be enforced through various mechanisms, such as social norms, legal systems, and market forces. Institutions can be found in all areas of society, including the economy, politics, education, and religion. They are important because they help to establish trust and cooperation among individuals, and provide a framework for resolving disputes and making collective decisions.

________ Is/are Any Set of Formal Rules,informal Norms and Related