Anth 201 Chapter 7

Front 1

blat

Back 1

the give and take of favors among personal contacts to obtain hard to find goods and services

Front 2

econ anthropology

Back 2

the study of how people make, share, and buy things and services. study the decisions people make about earning a living, what they do , when they work, and the social institutions that affect these activities and how these three matters to the creation of value

Front 3

econ systems

Back 3

the structured patterns and relations through which people exchange goods and services

Front 4

divison of labor

Back 4

the cooperative organization of work into specialized tasks and roles

Front 5

neoclassical

Back 5

the economy is a division of labor and the exchange of goods and services in a market

Front 6

substantivism

Back 6

the economy is the substance of the actual transactions people engage in to get what they need and want

Front 7

marxism

Back 7

capitalism, which is a type of economic system in which private ownership of the means of production and a division of labor produce death for a few and inequality for the mass

Front 8

cultural econ

Back 8

the economy is a category of culture, not a special arena governed by universal economic rationality

Front 9

exchange

Back 9

the transfer of objects and services between social actors

Front 10

market

Back 10

a social institution in which people come together to buy and sell goods or services

Front 11

neoclassical econ

Back 11

studies how people make decisions to allocate resources like time, labor, and money in order to maximize their personal satisfaction

Front 12

formal econ

Back 12

the underlying "formal" logic that shapes peoples actions when they participate in an economy (seen in members of the neoclassical theory)

Front 13

substantive econ

Back 13

daily transactions people engage in to get what they need or desire

Front 14

redistribution

Back 14

collection of goods in a community and then redivision of those goods among members

Front 15

surplus value

Back 15

the difference between what people produce and what they need to survive

Front 16

means of production

Back 16

the machines and infrastructure required to produce a product (basis of private wealth)

Front 17

prestige econ

Back 17

econ in which people seek high social rank, prestige, and power instead of money and material wealth

Front 18

money

Back 18

object or substance that serves as payment for a good or service

Front 19

currency

Back 19

an object used as a medium of exchange

Front 20

general purpose money

Back 20

money that can be used o buy almost anything

Front 21

limited purpose money

Back 21

objects that can be exchanged only for certain things

Front 22

spheres of exchange

Back 22

bounded orders of value in which certain goods can be exchanged only for others (subsistence goods, prestige goods, and rights in people -women and slaves")

Front 23

transactional orders

Back 23

realms of transactions a community uses, each with its own set of symbolic meanings and moral assumptions

Front 24

reciprocity

Back 24

the give and take that builds and confirms relationships

Front 25

delayed reciprocity

Back 25

long lag time between giving and receiving

Front 26

generalized reciprocity

Back 26

giving something without the expectation of return

Front 27

balanced reciprocity

Back 27

person gives something expecting a return of an equal gift

Front 28

negative reciprocity

Back 28

receiving for nothing (barter)

Front 29

commodities

Back 29

mass produced and impersonal goods with not meaning or history apart from themselves

Front 30

consumption

Back 30

the act of using and assigning meaning to a good, service, or relationship

Front 31

appropriation

Back 31

process of taking possession of an object

Front 32

consumers

Back 32

people who live through objects and images not of their own making