ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A federated state is a territorial and constitutional community forming part of a federation. (Compare confederacies or confederations such as Switzerland.) Such states differ from sovereign states in that they have transferred a portion of their sovereign powers to a federal government.

Detailed explanation-2: -The state is a form of human association distinguished from other social groups by its purpose, the establishment of order and security; its methods, the laws and their enforcement; its territory, the area of jurisdiction or geographic boundaries; and finally by its sovereignty.

Detailed explanation-3: -A state is an organized political community acting under a government. States may be classified as sovereign if they are not dependent on, or subject to, any other power or state. States are considered to be subject to external sovereignty, or hegemony if their ultimate sovereignty lies in another state.

Detailed explanation-4: -According to one definition, a state is a community formed by people and exercising permanent power within a specified territory. According to international law, a state is typically defined as being based on the 1933 Montevideo Convention.