ANTHR101 Lecture Notes - Lecture 24: Canadian Tire Money, Air Miles, Equal Exchange

• School: University of Alberta
• Department: Anthropology
• Course: ANTHR101
• Professor: Francois Larose

Document Summary

Subsistence: economic systems, activities by means by which people procure and distribute the material goods the consume, all forms of currency or exchange, special purpose currency: can only be used for special circumstances and cannot be used everywhere. Airmiles, canadian tire money: exchange: the transfer of goods between individuals or groups, reciprocity: the giving and taking of objects without the use of money or other media of exchange. Direct exchange of goods: generalized reciprocity: no return is expected, usually done with close family members, universal, balanced reciprocity: an equal exchange is expected, usually done between trading partners, universal.