Question 1

For the better part of the twentieth century, capitalism and socialism/communism existed as complementary forms of economic organization, a positive partnership that dominated global politics during the Cold War.

Accepted Answer

A) True 
 B)False

Question 2

People who live through objects and images not of their own making are consumers.

Accepted Answer

A) True 
 B)False

Question 3

If you wanted to study how Mayans get what they need to survive today, which theoretical approach would be most valuable? Why?

Accepted Answer

Cultural economics is an anthr...

Question 4

Although Russians do use money to buy things, they also rely on bartering when money is scarce.

Accepted Answer

A) True 
 B)False

Question 5

Reciprocity

Accepted Answer

A)   is giving something without the expectation of return, at least not in the near term.
B)   is the give-and-take that builds and confirms relationships.
C)   occurs when a person gives something, expecting the receiver to return an equivalent gift or favor at some point in the future.
D)   is the attempt to get something for nothing, to haggle one's way into a favorable personal outcome.E) B) and D)
F) C) and D)

Question 6

What does neoclassical economic theory argue?

Accepted Answer

A)   Conflicting interests of two classes are one of the outcomes of capitalism.
B)   Symbols and morals are important in the understanding of a society's economy.
C)   The daily transactions people actually engage in to get what they need or desire are the "substance" of the economy.
D)   People make decisions to allocate resources such as time, labor, and money in order to maximize their personal satisfaction.E) A) and B)
F) None of the above

Question 7

An example of balanced reciprocity is

Accepted Answer

A)   the Kula.
B)   when a parent gives a child a gift.
C)   bartering at the market.
D)   giving a birthday present.E) A) and C)
F) B) and C)

Question 8

Consumption is

Accepted Answer

A)   the process of taking possession of an object.
B)   the relative worth of an object or service.
C)   a mass-produced and impersonal good with no meaning or history.
D)   the act of using and assigning meaning to a good, service, or relationship.E) A) and C)
F) A) and B)

Question 9

For anthropologists, owning something is not simply a matter of individual possession or occupation of an object or piece of land, but a matter of interactions between people.

Accepted Answer

A) True 
 B)False

Question 10

Are there distinct cultures of capitalism?

Accepted Answer

Yes, for example, the southeast Asian na...

Question 11

According to Marshall Sahlins, when production is organized by families it is

Accepted Answer

A)   the domestic mode of production.
B)   capitalism.
C)   neoclassical economics.
D)   less valued.E) A) and C)
F) A) and D)

Exam 8: Economics: Working, Sharing, Buying

What does neoclassical economic theory argue?

Correct Answer
verified

An example of balanced reciprocity is

Correct Answer
verified

People who live through objects and images not of their own making are consumers.

Correct Answer
verified

Although Russians do use money to buy things, they also rely on bartering when money is scarce.

Correct Answer
verified

For anthropologists, owning something is not simply a matter of individual possession or occupation of an object or piece of land, but a matter of interactions between people.

Correct Answer
verified

Consumption is

Correct Answer
verified

According to Marshall Sahlins, when production is organized by families it is

Correct Answer
verified

If you wanted to study how Mayans get what they need to survive today, which theoretical approach would be most valuable? Why?

Correct Answer
verified
Cultural economics is an anthr...
View Answer

Reciprocity

Correct Answer
verified

For the better part of the twentieth century, capitalism and socialism/communism existed as complementary forms of economic organization, a positive partnership that dominated global politics during the Cold War.

Correct Answer
verified

Are there distinct cultures of capitalism?

Correct Answer
verified
Yes, for example, the southeast Asian na...
View Answer

Exam 8: Economics: Working, Sharing, Buying

What does neoclassical economic theory argue?

Correct AnswerverifiedShow Answer

An example of balanced reciprocity is

Correct AnswerverifiedShow Answer

People who live through objects and images not of their own making are consumers.

Correct AnswerverifiedShow Answer

Although Russians do use money to buy things, they also rely on bartering when money is scarce.

Correct AnswerverifiedShow Answer

For anthropologists, owning something is not simply a matter of individual possession or occupation of an object or piece of land, but a matter of interactions between people.

Correct AnswerverifiedShow Answer

Consumption is

Correct AnswerverifiedShow Answer

According to Marshall Sahlins, when production is organized by families it is

Correct AnswerverifiedShow Answer

If you wanted to study how Mayans get what they need to survive today, which theoretical approach would be most valuable? Why?

Correct AnswerverifiedCultural economics is an anthr...View AnswerShow Answer

Reciprocity

Correct AnswerverifiedShow Answer

For the better part of the twentieth century, capitalism and socialism/communism existed as complementary forms of economic organization, a positive partnership that dominated global politics during the Cold War.

Correct AnswerverifiedShow Answer

Are there distinct cultures of capitalism?

Correct AnswerverifiedYes, for example, the southeast Asian na...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Cultural economics is an anthr...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Yes, for example, the southeast Asian na...
View Answer