Soc 173 Midterm 2025 Complete
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Terms in this set (87)
People are embedded in social
relationships
Anthropological
Gift economy is the circulation of
Evidence of Gift
goods based on reciprocity
Exchange
This process recreates obligations and
relationships among social persons
, "Economic Man": Adopted in some
anthro and soc
self-interested, rational, utility-
maximizing individuals. Only their
circumstances are different,
not their mentalities
Independent, calculating individuals,
mutually
contingent benefits, motivated by
returns/gains
Economic
Approach to Gift
KEY POINTS:
Exchange
- issue is not rationality vs. irrationality!
rationality is a GOOD assumption; key
issue: attention
to context!
- "gain" defined as any benefit to
individual loses its explanatory power:
if we assume people
do what they do for gain, any
behavior will be interpreted as
oriented to utility max. (if I help
someone, my preference for feeling
good will be my utility max.)
, Gift relations between obligated
transactors
applied to market societies:
gift relations coexist with commodity
relations
In modern market societies there is a
perception of two different spheres:
people experience and understand
Maussian View of transactions in different ways.
Gift Exchange
This is a binary understanding that
emerged in the
19th c in the US at the time of
increased monetization,
commercialization, and urbanization;
work became synonymous with wage
work; market relations were
understood as the opposite
of family relations: dramatization of
differences
, Commodity relations = physical &
social production of
objects
Commodity transactions:
-self-interested, independent
individuals, no enduring links, only
temporary for the duration of
transaction; relation ends when
transaction ends
-objects transacted
are alienable (transferable), only use
Instrumental /
value + exchange value
Impersonal
Relations
-buying & selling = formally free,
voluntary (no obligation or undue
influence)
- transacting individuals: social
identity as
buyer/seller, perceived as
impersonal/interchangeable (though
may be pleasant); interchangeable
in technical sense: we do business
with the person who fills that position
Questions And Verified Answers/
Complete Solutions With Rationales
|Get It 100% Accurate!! Already
graded A+
Save
Terms in this set (87)
People are embedded in social
relationships
Anthropological
Gift economy is the circulation of
Evidence of Gift
goods based on reciprocity
Exchange
This process recreates obligations and
relationships among social persons
, "Economic Man": Adopted in some
anthro and soc
self-interested, rational, utility-
maximizing individuals. Only their
circumstances are different,
not their mentalities
Independent, calculating individuals,
mutually
contingent benefits, motivated by
returns/gains
Economic
Approach to Gift
KEY POINTS:
Exchange
- issue is not rationality vs. irrationality!
rationality is a GOOD assumption; key
issue: attention
to context!
- "gain" defined as any benefit to
individual loses its explanatory power:
if we assume people
do what they do for gain, any
behavior will be interpreted as
oriented to utility max. (if I help
someone, my preference for feeling
good will be my utility max.)
, Gift relations between obligated
transactors
applied to market societies:
gift relations coexist with commodity
relations
In modern market societies there is a
perception of two different spheres:
people experience and understand
Maussian View of transactions in different ways.
Gift Exchange
This is a binary understanding that
emerged in the
19th c in the US at the time of
increased monetization,
commercialization, and urbanization;
work became synonymous with wage
work; market relations were
understood as the opposite
of family relations: dramatization of
differences
, Commodity relations = physical &
social production of
objects
Commodity transactions:
-self-interested, independent
individuals, no enduring links, only
temporary for the duration of
transaction; relation ends when
transaction ends
-objects transacted
are alienable (transferable), only use
Instrumental /
value + exchange value
Impersonal
Relations
-buying & selling = formally free,
voluntary (no obligation or undue
influence)
- transacting individuals: social
identity as
buyer/seller, perceived as
impersonal/interchangeable (though
may be pleasant); interchangeable
in technical sense: we do business
with the person who fills that position
