Social exchange theory is a broad social psychological perspective that attempts to explain how human social relationships are formed, maintained, and terminated. In my family the social exchange theory relates in many ways because humans are born to make decisions. When it came to make decisions in terms of our household and other expenses my mother and father made the choices. For example, my father was offered a new position at his job which required him to work longer hours, which possibly meant longer work hours and spending less time with the family. The rewarding part of taking on the position would be a higher salary, new title and employee
