SOC 105 Lecture Notes - Lecture 1: Hunter-Gatherer, Complex Number, Transaction Cost

27 views3 pages

Document Summary

Work: the carrying out of tasks that require the expenditure of mental & physical effort/ the activity by which pl produce from the natural world & so ensure their survival. Produce for survival vs. anything that takes effort. Economy: the system of production & exchange that provides for the material needs of individuals living in a given society. In contemporary industrial societies, most work in an occupation: any form of paid employment in which an individual regularly works. Humans societies exhibit 2 universal economic characteristics. A division of labor of various degrees of complexity. Division of labor: the specialization of work tasks by means of which different occupations are combined w/in a production system. In hunter gatherer societies, often expressed in gendered division in who hunts & who gathers. Under complex division of labor, this leads to economic interdependence ~ you will perish quickly in the event of a fundamental breakdown of the economy.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents