Critically discuss the costs and benefits of having a market exchange economy. What advancements can be gained from this economic system? What social institutions are lost?

What will be an ideal response?


The ideal answer should include:
1, Discuss intrinsic value (or lack thereof) of money
2, Access to greater variety, quantity, and quality of goods and services
3, Changes in socioeconomic inequality and traditional patterns of sharing

Anthropology & Archaeology

You might also like to view...

What is an illness?

A. an artificial product of biomedicine B. a nonexistent ailment (only diseases are real) C. a condition of poor health perceived by an individual D. a purely linguistic problem E. a scientifically described health threat

Anthropology & Archaeology

Graphic and plastic arts include painting, sculpture, and architecture, but not embroidery, weaving, or tattooing

Indicate whether the statement is true or false.

Anthropology & Archaeology

How are communicative behaviors in classrooms of the United States typified?

A direct questioning B discursive discourse C interlocutor interchange with the student leading the discussion D question and answer sequences E interrogative interrogation by the teacher

Anthropology & Archaeology

In traditional Chinese society, a wife acquires full status in her husband's family:

a) when she marries. b) when she has one child. c) when her mother-in-law dies. d) when she produces a male child.

Anthropology & Archaeology