Types of Distribution + Exchange
Define market exchange.
A buyer/seller trying to get their monies worth.
In a market exchange, what is their a lack of between the buyer and seller?
Taking something and giving it to another is known as ______.
What kind of redistribution takes no personal connection?
Exchange between equals who are normally related by kinship,marriage, or close personal ties.
Reciprocity is thought of as an informal _____ system or an informal exchange of _____ & _______.
economic; goods; services
What did Mauss call reciprocity?
What are the three types of reciprocity?
Define generalized reciprocity. Give an example.
One person exchanges material without expectations of any material return. Parents with their children.
Define balanced reciprocity.
An exchange with another person in which it is expected that one will be payed back in the future.
True/False: Balanced reciprocity is about the money/value of the gift. If false, why?
False. It is about the person.
Define negative reciprocity/barter.