ANTH 2 Lecture Notes - Lecture 17: Legal Advice, Herding, Flea Market
29 Aug 2020
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Document Summary
Barter and trade is the exchange of goods (items) and services (labor) which are. Ex: negotiated between individuals which believe that the exchange is equitable. A market exists when surplus is available in one place of exchange. A market place can be daily or weekly or seasonal. Money serves as a form of exchange and a holder of value. A credit economy based on trust. It allows a person to receive goods and services without immediate payment under the promise of a lump sum payment or installments which include an interest fee added based on the level of trust. Credit economies can make life more expensive for the poor. Buying on credit actually makes items and services cost more. Each gives with no concern for return expecting that it will all even out over time. An attempt to make all exchanges even so that giving and receiving all equal. An attempt to get more than one gives.
