AN101 Lecture Notes - Lecture 6: Ecotourism, Ecological Crisis, World Economy
Document Summary
An101 chapter 6: economic systems (cid:1) (cid:1) (cid:1) (cid:1) Economic system: means of producing, distributing, and consuming goods, not separate from other spheres of culture, the process cannot be understood unless the culture is considered. Each group of people, each distinct culture, and all societies operate within an economic system that regulates the production, distribution, and consumption of goods. Subsistence patterns are an important part of any economy, but economic systems encompass more than what we have discussed to date. It is important to understand noneconomic considerations, such as culture, embedded within economic behaviours and institutions produced from these. Trobriand islanders: yam exchange symbolizes support and influence, yams are akin to a bank account, yam exchange is present in trobriand society today (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) Today, we are connected with a larger economic system (the market economy) and a political organization (the state).
