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Author Question: Which of the following statements about potlatching is NOT true? A. Potlatching is an example of ... (Read 24 times)

Deast7027

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on: Aug 11, 2018
Which of the following statements about potlatching is NOT true?
 
  A. Potlatching is an example of competitive feasting.
  B. Potlatching was misinterpreted as a classical case of economically wasteful behavior.
  C. Potlatching is a form of exchange that has long-term adaptive value.
  D. Potlatching is a case that proves that the profit-maximizing motive is a human universal.
  E. Potlatching is well documented among Native American communities of the North Pacific Coast of North America.

Question 2

Which of the following is NOT associated with the market principle?
 
  A. the profit motive
  B. the law of supply and demand
  C. impersonal economic relations
  D. industrialism
  E. kin-based generalized reciprocity


LVPMS

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Reply #1 on: Aug 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: E


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