Answer:
1. Institutions are a part of the social order of society and they govern behaviour and expectations of individuals, while at the same time they regulate business operations and ethics. In fact, the morality of institutions is guaranteed by the process of social evolution.
2. Society cannot survive without social institutions. Social interaction is necessary as we say “Human Being is a social animal”. ... If social institutions are not present there there will be less interaction between the people and there will be a limit to the range of ideas that will limit the extent of development.
