ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Mutual exchange and sharing of resources (i.e., meat gained from hunting) are important in the economic systems of hunter-gatherer societies. Therefore, these societies can be described as based on a “gift economy."

Detailed explanation-2: -Hunter-gatherer societies are still found across the world, from the Inuit who hunt for walrus on the frozen ice of the Arctic, to the Ayoreo armadillo hunters of the dry South American Chaco, the Awá of Amazonia’s rainforests and the reindeer herders of Siberia.

Detailed explanation-3: -Hunter-gatherer culture is a type of subsistence lifestyle that relies on hunting and fishing animals and foraging for wild vegetation and other nutrients like honey, for food.

Detailed explanation-4: -Hunter-gatherers used to obtain their food by hunting animals and collecting food items such as wild berries, fruits, edible roots, etc. from forest.