What are the five household consumption funds and how do they ...

[bobbie]

What are the five household consumption funds and how do they vary in different cultural contexts?
 
  What will be an ideal response?

Question 2

Define the concept of entitlements and explain the difference between direct and indirect entitlements, providing an example of each type.
 
  What will be an ideal response?

[karlss]

Answer to Question 1

Answer: The ideal answer will include:
1. The five consumption funds are: basic needs, recurrent costs, entertainment, ceremonial, rent and tax.
2. The spending may be time, labor, or money depending on the context.
3. Free-ranging foragers spend most on basic needs.
4. In consumerist societies, more spending is necessary to address the funds. Rent and tax are prominent.

Answer to Question 2

Answer: The ideal answer will include:
1. An entitlement is a culturally defined right to provide for one's needs.
2. Direct entitlements represent direct access to a resource and are secure.
3. An example is the ownership of land that produces food.
4. Indirect entitlements require trade or other action to produce the resources.
5. An example is labor, which is exchanged for the means to meet needs.

[bobbie]

Great answer, keep it coming

[cpetit11]

Thanks for the timely response, appreciate it