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29 Cards in this Set

  • Front
  • Back
economics
Study of how societies use resources to produce and distribute goods and services
economy
production, distribution and consumption of resources
economic system
relationships between production, consumption and exchange production
production
how goods or money are made in any given society
mode of production
how the economy is organized in terms of social relations and labour
means of production
the resources from which the economy is producing labour
labour
organization of work in production and consumption; household is basic unit
division of labour
the roles different individuals play in economic production (ex: sexual division)
labour specialization
different people in society are responsible for different types of work
consumption
how subsistence items are eaten and how goods are used
mode of consumption
predominant pattern of resource use and expenditure in a given society
usufructory rights vs. ownership
usurfructory: share in common rights to the use of land or other resources but not to sell or alter them
ownership" means vary across cultures; modern Western emphases on individual, private ownership of land, property, capital
adaptive strategies
how a society procures, produces or gains its subsistence
modes of subsistence
foragers
horticulturalists
pastoralists
agriculturalists
Foragers
environments too marginal to farm; live in bands
-hunter gatherers
Ex) The Basarwa San of southern Africa
Horticulturalists
often forested environments; live in tribes and chiefdoms
-slash and burn technique
-simple hand tools
Ex) Yanomami of southern Venezuala
Pastoralists
environments too mountainous, cold, or dry for agriculture; live in tribes and chiefdoms
Ex) Nuer of sub-saharian east Africa
Agriculturalists
Originally plains with good water supplies, but industrial methods allow production in desert, forest and hill areas today, displacing other adaptive strategies; state societies
Ex: Jat Sikhs of Punjab
peasants
small-scale agriculturalist living in a state, with rent fund obligations
Environmental impacts of agriculturalism
environmentally manipulated to meet needs of production
-deforestation
-reduce ecological diversity by concentrating on staple foods
-water management
-habitat destruction
industrialism
mechanized systems of mass production developed with Industrial Revolution and in keeping with max eff.
separation of mental and physical labour
alienation
no close connection between people's labour and the products of their labour
ex: malaysian factory women
capitalism
market exchange of commodities, property and capital
aimed at earning profit
critiqued by Marx/Socialists
Wolf's Economic System
1. Subsistence fund (food)
2. replacement fund(tool replacement)
3. social fund (resources shared with kin and other community)
4. ceremonial fund (resources which pay for rituals or celeb.)
5. rent fund (used to pay agencies or individuals to whom we are obligated)
Polyani's 3 principles of economy
1. market exchange: buy goods cheaply and sell them expens.
2. redistribution: central pooling and redistribution of resources (taxes, potlatch)
3. reciprocity: informal giving and receiving of items of roughly approximate value.
Sahlin's 3 forms of reciprocity
1. generalized: pure gift with no expectation of return (parents)
2. balanced: specific values are assigned to giving, receiving and time of repayment
3. negative/ unbalanced exchange: one party tries to get the better of the exchange
A gift? Marcel Mauss
the demonstration of wealth and status by redistribution, creating and obligation of reciprocity.
Conspicuous consumption Thorstein Veblen
showing off one's accumulated wealth.
levelling mechanism
the social obligation to share rather than accumulate wealth. Ex Potlatching