Anthro 101 final 19 Flashcards

Economic Systems
Terms Definitions
economic systems
all cultures have a means of producing, distributing, and consuming goods
technology
tools and other material equipment, together with the knowledge of how to make and use them
reciprocity
the exchange of goods and services, of approximately equal value, between two parties
generalized reciprocity
a model of exchange when there is no price or a specified time of repayment
balanced reciprocity
a mode of exchange when the price and time of repayment is specific
negative reciprocity
a form of exchange in which the aim is to get something for as little as possible
silent trade
when direct personal contact is avoided
kula ring
form of balanced reciprocity that reinforces trade relations among the seafaring Trobriand Islanders and other Melanesians
redistribution
distribution performed again or anew
conspicuous consumption
a showy display of wealth for social prestige
potlatch
when the chief of a villiage publicly gives away stockpiled food and other goods that signify wealth
prestige economy
creation of surplus to appear wealthy
leveling mechanism
to give away food, host public feasts, provide free service, or otherwise demonstrate generosity so that no one permanently accumulates significantly more wealth than anyone else
market exchange
buying and selling of goods with specific set of rules
informal economy
a network of producing and circulating marketable commodities, labor, and services to escape government control aka black market
division of labor
flexible/integrated pattern, segragated pattern, and dual sex pattern
flexible/integrated patter
tasks that are not gender bias
segregated pattern
defines each task as either feminine or masculine
dual sex pattern
tasks in which men and women carry out seperately
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