Chapter 14: Quiz

16 October 2022
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question
According to anthropologists, economies are shaped by which factors?
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the decisions people make, social relationships, culture and morality.
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Economic anthropologists study
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-the decisions people make about earning a living -what types of work people choose to do -the creation of value
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Which of the following is a theoretical approach to how economies create value used in society?
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neoclassical economic, substantism, marxism
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Which economic theory studies how people make decisions to allocate resources like time, labor, and money to maximize their personal satisfaction?
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neoclassical economics
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The collection of goods in a community and the subsequent re-division of those goods among members of a society is called
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redistribution
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According to Marshall Sahlins, when production is organized by families it is
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the domestic mode of production
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Which perspective incorporates symbolic associations and morals into the understanding of a society's economy?
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cultural economics
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Economies in which people seek high social rank, prestige, and power instead of money and material wealth are known as
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prestige economies
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The exchange of brass rods for the purchase of cattle or the payment of bride price is an example of the use of
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limited purpose money
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Gift exchange for Marcel Mauss is based primarily on
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obligation