ANTH 1150 Study Guide - Final Guide: Economic Anthropology, Cultural Anthropology, Barter

• School: University of Guelph
• Department: Anthropology
• Course: ANTH 1150
• Professor: Victor Gulewitsch

Document Summary

Economic systems: economic anthropology is a subfield of cultural anthropology that studies the economic practices of past and present societies. Land and other resources usually are controlled by groups of relatives, such as bands or lineages, or by private ownership: people exchange goods through reciprocity, redistribution and market exchange. Reciprocity involves the exchange of goods and services of roughly equivalent value and is often undertaken for ritual purposes. Redistribution requires some sort of centralized authority and religious elite to collect and then the reallocation of resources. Market exchange in nonindustrial societies means going to a specific place for direct exchange of goods. Consumption is the third component, and means the intake of food and beverages. Economic anthropology: economic system: the production, distribution and consumption of goods, to western people, indigenous peoples are viewed instead of disciplined workers; they are viewed as reluctant and untrained laborers.