Question

Describe how mutual exhance is present in a village economy

Answer 1

Explanation:

A 'traditional' form of interdependence not only persists but also assumes greater significance despite the several radical changes in the economy and polity of a rural community. It is argued that exchange labour groups are necessitated by particular features of the labour force and the ecology constraining the productive units. As many other traditional institutions, mutual exchange labour groups have shown their ability to be resilient and adaptive to the changing economic and political conditions, particularly intense intra-village factionalism.

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