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Answers
Step-by-step explanation:
I. What is the purpose of the objects traded in the Kula ring?
A. They are used as currency to buy necessities
B. They are a sign of status depending on the original owner
C. They can be eaten
D. They are used for building huts
Justify Your Answer:
II. What differentiates a gift exchange from barter?
A. Only items of hte same kind can be gifted
B. Neither party knows what they're getting until after the fact
C. It's done without haggling or waiting to see the other party's offer
D. Only one party receives anything
Justify Your Answer:
III. What is the most important element in a gift economy?
A. Social relationships between givers and receivers
B. The types of objects being gifted
C. The amount of the gift
D. How much the gift can be sold for on the open market
Justify Your Answer:
IV. In a gift economy, how could reciprocating a gift with one of the same value be interpreted?
A. 'I am reliable and responsible'
B. 'Our business is concluded and I wish to have no further dealings'
C. I am stingy'
D. 'I would like a different sort of gift next time'
Justify Your Answer:
V. What are some modern-day examples of gift economies?
A. Burning Man
B. Potlatch feasts
C. The open-source movement
D. All of the above
Justify Your Answer: