irenexz Task A - 1 Student Name Professor Name University...

1
Student Name
Professor Name
University
Date

2
Judicial Decision
Answer:-
Sociopolitical system is supported by the arms of the government that are in the country.
This may include the judiciary, parliament and the executive. These are the key institutions that
ensure the sociopolitical system is in place. According to Schumpeter (1947), these arms of the
government have formed further institutions under them that advocate for personal economic and
social interest. The courts of law, various authorities and institutions that deal with various social
interests are formed with an aim of ensuring that these mandates are fulfilled. For instance, the
parliament act can create regulatory bodies like federal bank or central bank to ensure that there
exist good economic environments (Friedman, 1971). Interests of the general public such as
those relating to gender, sexuality and race and those that are economic related are therefore