Institutions are interrelated sets of normative elements-norms, values, and role expectations-that have been devised and passed on through generations so that society's perpetually unfinished business can be attended to.

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This statement accurately describes what institutions are and how they function within a society. Institutions provide a framework for addressing social issues and are based on shared norms, values, and expectations that have been passed down over time.

Institutions Are Interrelated Sets of Normative Elements-Norms, Values, and Role