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Flashcards in 71-95 Deck (29):
1

Economic anthropology

Looks at production, consumption, distribution

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Consumption

Purchases of goods and services

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Distribution

Total output, income, or wealth distributed among individual or factors of production

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Production

Process of combining various things to make something for consumption

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Economics

Science concerned with factors of production

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Market exchange

Buying/ selling goods set at a certain supply/ demand prices

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Potlatch

Gift giving ceremony northwest coast

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Big man feast

Borrow return

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Means of production

Anything that helps, things need

By any means

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Mode of production

Way of producing, substitute strategies

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Reciprocity

Redistribution

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Generalized reciprocity

Sharing w/o expectation

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Balanced reciprocity

Returned at unknown time

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Negative

Giving something w immediate expect of return

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Redistribution

Form of reciprocal, involved of goods form a group then redistribute away

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Formal sector

Anything government related

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Informal sector

Things you don't report

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Division of labor

How work is divided

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Politics

Formal/ Informal arenas , politics, social, economic

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Political organization

Structure

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Egalitarian

All are equal, equal access among members

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Ranked

Hierarchy regarding access

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Caste

Very hierachal , large population

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Class vs Caste

Caste is permanent

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Social class

Defined by politics

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Colonialism

Came over to domesticate

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Poverty

Monocrop

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Power

Economic social political control

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Leadership

Put restrictions on them