Medicare is a social insurance program that serves more than 44 million enrollees (as of 2008). The program costs about $432 billion, or 3.2% of GDP, in 2007.
The definition of an institution is an established custom or practice, or a group of people that was formed for a specific reason or a building that houses the group of people. 1  Marriage is an example of a cultural institution. 2  A town council is an example of an institution of government.
Definition of social institution in Sociology. Basic social institutions and their definition. Social institution, social institution definition, social institutions definition, social institutions sociology, social institutions in sociology. Define social institution. what is a social institution? What are social institutions? Definition of social institution, basic social institutions.