Institutions include organizations or activities that are largely self-perpetuating and valued for their own sake. when institutions create rules, we follow them largely because?

it is our way of sacrificing our personal power to maintain societal structure and relationships.

Explanation: Institutions create structured, predictable ways of behavior around aspects of human lives. The organizations it creates range from the family to economic systems and the government. The rules of each of these systems help perpetuate society as we know it. Although these rules may require us to forego some of our personal power or desires, we do so because it is the prerequisite of belonging to the society.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.