GENERAL KNOWLEDGE

Detailed explanation-1: -potlatch, ceremonial distribution of property and gifts to affirm or reaffirm social status, as uniquely institutionalized by the American Indians of the Northwest Pacific coast. The potlatch reached its most elaborate development among the southern Kwakiutl from 1849 to 1925.

Detailed explanation-2: -Historically, the potlatch functioned to redistribute wealth in what some refer to as a gift-giving ceremony. Valuable goods, such as firearms, blankets, clothing, carved cedar boxes, canoes, food and prestige items, such as slaves and coppers, were accumulated by high-ranking individuals over time, sometimes years.