economic systems
Definition : A system in which goods and services are PRODUCED, DISTRIBUTED and EXCHANGED All economic activity has CULTURAL MEANING , and economic processes can not be understood without considering culture. How does Culture set the RULES and determine the MEANINGS and VALUES assigned to objects and actions? sentimental value religious/ritual value asthetic value (art) Desirability fad/fashion/vogue exclusivity sameness political correctness fame antiquity/novelty PRODUCTION: How does culture assign rules and meanings to production? CONTROL OF RESOURCES Patterns of labor sexual division of labor flexibility versus rigid segregation dual systems caste (varna) age commencement of work special stages of work retirement SPECIALIZATION Generalized: everyone performs the same tasks (exception= age & sex) h/g horticultural societies (small, plant based) Part-time specialization pastoral large horticultural Full-time specialization agriculture (agrarian & industrial) Coop...




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