ECONOMICS
ECONOMIC INSTITUTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Clifford Geertz
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George Murdock
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Marshall Sahlins
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Fredrick Barth
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Detailed explanation-1: -Generalized Reciprocity. Balanced Reciprocity. Negative Reciprocity. 31-Jul-2020
Detailed explanation-2: -Reciprocity according to Marcel Mauss is not the same as the conventional meaning of the word. For Mauss, reciprocity is an obligation one has to society as well as one’s partner. It isn’t “tit for tat.”
Detailed explanation-3: -In 1965, an anthropologist named Marshall Sahlins observed that there are three distinct types of reciprocity that occur in human societies around the world–generalized, balanced, and negative. Generalized reciprocity is gift giving without the expectation of an immediate return.
Detailed explanation-4: -They are generalized reciprocity, balanced reciprocity and negative reciprocity. All these three kinds of reciprocity inform the varying levels of relationship within a social setting.
Detailed explanation-5: -Reciprocity in relationships is the mutual exchange of energy and support between partners. There are different types of reciprocity: Generalized reciprocity is giving without expecting a specific outcome, balanced reciprocity is an equal give-and-take, and negative reciprocity is unequal.