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MGT502 MIDTERM PAST PAPERS
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Financial Accounting – I:
Some scientific estimates state that human beings in their current form have lived together for over the past 200,000 years. Records of history i.e. in symbolic writings such as hieroglyphs, symbols, figures, inscriptions on tablets, inscriptions on papyrus, and text on paper, when taken together begin to cover only the last 5000 to 6000 years. We have no documented records for about 97% of human history.
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MGT502 MIDTERM PAST PAPERS:
Various forms of social and political organization developed over the 6,000 years for which there are records available. These organizational forms begin at the most basic level with tribes and clans, with small ones principalities, with vast monarchies, with communities clustering together to become regional entities or alliances, and then, more recently, emerge on a large scale as distinct nations, countries, and nations.
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It is important to note at the outset that a state does not have to be a single nation. One state may include several nations within themselves because these nations agreed to live together under a unified political system a structure called a “state”.
