Chapter 9 Flashcards
external trade
something that takes place with the outside world
social organization
interactions within a society
trading systems
extend widely over boundaries of many independent societies
world system is also known as
world economy
world system designates an economic unit
joined by trade networks extended beyond the boundaries of individual political units
world systems doesn’t refer to
the whole world
the present world system is based on
capitalism
exchange of goods implies
goods will change hands and its a two way transaction
who established the 3 types of exchange
Karl Polanyi
3 types of exchange
- reciprocity
- redistribution
- market exchange
reciprocity
exchanges that take place between people who are more or less equal
can be seen as gift exchange
reciprocity
positive reciprocity
takes place between close kin or those who know each other well
negative reciprocity
exchange where attempts are made to better the other
operates between strangers or those of socially distance from each other
negative reciprocity
redistribution
goods are sent the the central power before being distributed to the society
operation of some central organization
redistribution
chiefdoms would have operated this way
redistribution
features a more highly ordered and central organization of society
redistribution
market exchange
involves a system of price marking through negotiations
both a central location for exchange AND a sort of social relationship where bargins can happen
market exchange
internal socio-political units
market exchange
kula network
exchange network where a series of relationships between the inhabitants of some islands were cemented by the trade of valuable objects
most of the valuables held by a culture were
for display not usually useful
valuables
limited range of materials for a society that is seen as high value
prestige goods
increase the status of consumers who own or use them
peer-polity interaction
used in ceremonial exchanges of non-state societies
exotic animals were often thought to be
appropriate gifts for royalty
sphere of exchange
objects are allocated to different spheres for transactional purposes
valuables and ordinary commodities were
exchanged separately
valuables were exchanged against
valuables
commodities were exchanged against
commodities
ceremonial exchanges
establish and reinforce alliances
the kula system is an example of
ceremonial exchanges
competitive exchanges
used to settle rivalries
characterization is also known as
sourcing
technique that examines characteristic properties of the constituent material
characterization
what must be in characterization
something about the source of the material that distinguishes its products from those of the sources