Ch. 6 Flashcards
market principle
govern the distribution of the means of production- land, labor, natural resources, technology, and capital.
law of supply and demand
things cost more then they are scarce
redistribution
system of economic exchange involving the centralized collection of goods from members of a group followed by the redivision of those goods among members
the flow of good eventually ___________. 1. __________ 2. _____________ 3.____________
reverses; 1. center
- hierarchy
- common people
reciprocity
exchange between social equals, normally related by kinship
generalized reciprocity
give and expect nothing in immediate return
balanced reciprocity
people who are distantly related and expect something in return
negative reciprocity
attempt to get something for nothing “silent trade”
potlatching
ceremonial distribution of property and gifts to affirm or reaffirm social status,as uniquely institutionalized by the American Indians of the pacific northwest; show social status by giving things
political organization
individuals or groups that manage the affair of public policy or seek to control the appointment or activities of those individuals or groups
regulation
decision making, social control, and conflict resolution
band
small kin-based groups
tribes
economies based on non intensive food production
chiefdom
sociopolitical organization intermediate between the tribe and state
state
based on formal gov. structure