ANTH 2301 Chapter Notes - Chapter 6: Indigenous Peoples Of The Pacific Northwest Coast, Kula Ring, Trobriand Islands
Document Summary
Chapter 6: economic resources (week 12) key terms. Balanced reciprocity: a form of exchange in which the value of goods is specified as well as the time frame of repayment. Barter: an exchange of goods without the use of money. Capitalist system: economic system in which the means of production are owned by private companies and corporations that seek to gain the most profit. Cargo system: a political and religious system among the maya in which members must serve the community in a volunteer position for at least one year; a leveling mechanism (also called cofradia) Commodity: an item that is consumed by someone who is not its producer. Commodity money: an item that has intrinsic value, such as gold, salt or cigarettes; also called multipurpose money. Conflict minerals: natural resources mined in an area where there is conflict (such as civil war) and used to fuel or fund the conflict, commit crimes, or perpetrate human rights abuses.