ANTH 1150 Lecture Notes - Lecture 36: Economic Anthropology, Economic System, Thorstein Veblen
29 Nov 2015
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Economic systems: a system that regulates the production, distribution and consumption of goods for all the people. Economic anthropology: in many cultures, people"s wants are maintained at levels that can be fully and continuously satisfied, without jeopardizing the environment. Some cultures were able to create storages to store food for the future, while others weren"t. First nation groups on canada"s pacific coast preserved and stored large sums of berries, shellfish and fish, using the sun and wind drying techniques. The mi"kmaq is an example of people who did not store food for the long run, except for foods like dry fish that sustained them for a short period of time. The point of ^ is, the relationship between wants and demands of a given society, versus the supply and goods available to them, introduces a noneconomic variable, the anthro variable of culture. Meaning, in any economic system, economic processes cannot exist until you culturally define the demands.
