Chapter 8 Anthropology Economics

Academic discipline that looks at systems of production, distribution, and consumption, wherever they may be found in industrialized world.

Assumptions about economic behavior based on the experience of Western, industrialized economies.

A school of economic anthropology that argues that the broad ideas of formal economic theory can serve as analytical tools to study any economic system.

A school of economic anthropology that seeks to understand economic processes in their role of maintaining an entire culture order often used when examining non-industrial cultures.

A society's regulation and control of such resources as land, water, and their by-products.

Western concept of individual ownership. (unknown to other cultures.) in which rights and obligations to land, livestock or material possessions reside with the individual rather than the wider group.

Goods are obtained from the natural environment and altered to become consumable goods for society.

The assignment of day to day tasks to the various members of society.

Important descriptive characteristic of any society.

Type of social integration based on mutual interdependence found in societies w/ elaborate division of labor.

Social integration based on mutuality of interests found in societies w/ little division of labor.

Mode of distribution characterized by the exchange of goods and services of equal value between parties.

The practice of giving a gift without expecting one in return. Creates moral obligation. Occurs within BANDS (50-100 people.)

Practice of giving a gift with the expectation that a similar gift will be given in the opposite direction after a limited period of time.

Form of trading found in some small scale societies in which the trading partners have no face to face contact.