Exchange in which goods are collected and then distributed to members of a group is known as_____
Answer
Correct Answer:
Redistribution
Note: This Question is unanswered, help us to find answer for this one
The right of an individual or family to use a piece of land and not to pass that land on to descendants but to sell or trade the land is known as Usufruct.
Answer
Correct Answer:
False
Note: This Question is unanswered, help us to find answer for this one
Reciprocity is a_____ give-and-take among people of equal status.
Answer
Correct Answer:
Mutual
Note: This Question is unanswered, help us to find answer for this one
Productive Resources are _____ used to create other goods or information.
Answer
Correct Answer:
All of these
Note: This Question is unanswered, help us to find answer for this one
Potlatch is a form of redistribution involving competitive feasting practiced among _____ Coast Native Americans.
Answer
Correct Answer:
Northwest
Note: This Question is unanswered, help us to find answer for this one
Exchange conducted for the purpose of material advantage and the desire to get something for nothing is known as_____
Answer
Correct Answer:
Negative Reciprocity
Note: This Question is unanswered, help us to find answer for this one
An economic system in which goods and services are bought and sold at a money price determined primarily by the forces of supply and demand is known as_____
Answer
Correct Answer:
Market Exchange
Note: This Question is unanswered, help us to find answer for this one
Leveling Mechanism is a_____ that evens out wealth within a society.
Answer
Correct Answer:
All of these
Note: This Question is unanswered, help us to find answer for this one
Kula Ring is a pattern of exchange among trading partners in the _____ Pacific islands.
Answer
Correct Answer:
South
Note: This Question is unanswered, help us to find answer for this one
Household is a group of people united by kinship or other links who share a residence and organize _____ among themselves.
Answer
Correct Answer:
All of these
Note: This Question is unanswered, help us to find answer for this one
Giving and receiving goods with no immediate or specific return expected is known as_____
Answer
Correct Answer:
Generalized Reciprocity
Note: This Question is unanswered, help us to find answer for this one
Firm is an institution composed of _____ that is organized primarily for financial gain.
Answer
Correct Answer:
Both
Note: This Question is unanswered, help us to find answer for this one
Economizing Behaviour means choosing a course of action to _____ perceived benefit.
Answer
Correct Answer:
Maximize
Note: This Question is unanswered, help us to find answer for this one
_____ is the study of the ways in which the choices people make combine to determine how their society uses its scarce resources to produce and distribute goods and services.
Answer
Correct Answer:
Economics
Note: This Question is unanswered, help us to find answer for this one
Economic System is the patterned way in which people_____ food and other goods.
Answer
Correct Answer:
All of these
Note: This Question is unanswered, help us to find answer for this one
The pattern by which different tasks are given to different members of a society is known as_____
Answer
Correct Answer:
Division of Labor
Note: This Question is unanswered, help us to find answer for this one
Cargo System is a ritual system common in _____ in which wealthy people are required to hold a series of costly ceremonial offices.
Answer
Correct Answer:
Both a and b
Note: This Question is unanswered, help us to find answer for this one
Capitalism is an economic system in which people work for _____ are privately owned, and capital is invested for profit.
Answer
Correct Answer:
All of these
Note: This Question is unanswered, help us to find answer for this one
Capital refers to productive resources that are used with the primary goal of increasing their _____ financial wealth.
Answer
Correct Answer:
Owner’s
Note: This Question is unanswered, help us to find answer for this one
Bigmen are self-made leaders who gain power and authority through personal achievement.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
The giving and receiving of goods of nearly equal value with a clear obligation to return a gift within a specified time limit is known as _____
Answer
Correct Answer:
Balanced Reciprocity
Note: This Question is unanswered, help us to find answer for this one
Which of the following statements best reflects the state of capitalism in the world today?
Answer
Correct Answer:
Capitalism has at least some impact on every country in the world.
Note: This Question is unanswered, help us to find answer for this one
Under a capitalist economic system, what is an individual’s primary economic resource?
Answer
Correct Answer:
Their labor, which they exchange for wages
Note: This Question is unanswered, help us to find answer for this one
______ is the predominant economic system in the world today.
Answer
Correct Answer:
Capitalism
Note: This Question is unanswered, help us to find answer for this one
Which of the following is the most popular mechanism for the distribution of goods and services in the world today?
Answer
Correct Answer:
Market exchange
Note: This Question is unanswered, help us to find answer for this one
Why did the Canadian government outlaw the native practice of potlatch for several decades?
Answer
Correct Answer:
They thought it an irrational waste of food and resources.
Note: This Question is unanswered, help us to find answer for this one
Which of the following types of reciprocity involves a clear obligation to return, within a specified time limit, goods of nearly equal value to those given?
Answer
Correct Answer:
Balanced reciprocity
Note: This Question is unanswered, help us to find answer for this one
What are the three patterns of exchange observed by Marcel Mauss?
Answer
Correct Answer:
Reciprocity, redistribution, and the market
Note: This Question is unanswered, help us to find answer for this one
A firm can be composed of ______.
Answer
Correct Answer:
Any arrangement seeking financial gain
Note: This Question is unanswered, help us to find answer for this one
A household is designated as ______.
Answer
Correct Answer:
A group of people united by kinship and shared residence
Note: This Question is unanswered, help us to find answer for this one
Capital is different from productive resources because it ______.
Answer
Correct Answer:
Continually reinvested to generate goods beyond subsistence
Note: This Question is unanswered, help us to find answer for this one
Which group’s productive resources are primarily simple handmade tools and knowledge of the land?
Answer
Correct Answer:
Foragers
Note: This Question is unanswered, help us to find answer for this one
In the United States, access to productive resources ______.
Answer
Correct Answer:
Are more available to some groups than others
Note: This Question is unanswered, help us to find answer for this one
On which of the following do Western culture and capitalist economic system place a high value?
Answer
Correct Answer:
Wealth and material prosperity
Note: This Question is unanswered, help us to find answer for this one
Why do economists assume that individuals and organizations will always act in a way that provides them with the greatest economic benefit?
Answer
Correct Answer:
They observe that human wants are unlimited but the means for achieving them are not.
Note: This Question is unanswered, help us to find answer for this one
Culture affects economic relationships in which of the following ways?
Answer
Correct Answer:
It shapes the goals sought by individuals and the means of achieving those goals.
Note: This Question is unanswered, help us to find answer for this one
More Anthropology (Cultural And Global View) Subjects
