3 - Economic Systems

Question 1

Economic Systems

Answer 1

Livelihood, consumption, exchange

Question 2

Livelihood

Answer 2

making goods or money

Question 3

consumption

Answer 3

using up goods or money

Question 4

exchange

Answer 4

transfer of goods or money between people or institutions

Question 5

mode of livelihood

Answer 5

the dominant way of making a living in the culture

Question 6

mode of consumption

Answer 6

dominant pattern in culture of using up goods and services

Question 7

mode of exchange

Answer 7

the dominant pattern in culture of transferring goods, services, and other items between and among people and groups

Question 8

Foraging

Answer 8

mode of livelihood based on resources available in nature through gathering, fisihing, or hunting. oldest way of making living

Question 9

resource curse

Answer 9

people in rich countires desire the natural resources in their areas which leads to conversion of foraging lands to mines, plantations, or tourist desitnations, leading to the displacement of foragers from their homeland

Question 10

Tools

Answer 10

rely of many kinds of tolls for gathering, transporting, processing wild foods

Question 11

Estensive strategy

Answer 11

a mode of liveliehood requiring access to large areas of land and unrestricted population movement

Question 12

Two major varieties of foraging

Answer 12

temperate climate and circumpolar

Question 13

division of labour

Answer 13

occupational spcialistation based on gender and age.

Question 14

private property

Answer 14

sense of owning something that can be sold to someone else; does not exist in foraging societies