About This Chapter
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- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the Studying Economic Systems in Anthropology chapter exam.
Why it works:
- Study Efficiently: Skip what you know, review what you don't.
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- Get Extra Support: Ask our subject-matter experts any economic systems question. They're here to help!
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Students will review:
This chapter helps students review the concepts in an economic systems unit of a standard introductory anthropology course. Topics covered include:
- Resource management within groups
- The history of money and increase of complex economies
- Primary, secondary and tertiary sectors of the modern economy
- Distribution of services
1. How Anthropologists Study Resource Management within Groups
This lesson will seek to explain how resource management occurs around the globe. In doing so, it will highlight the term 'technology,' as well as the concept of usufruct.
2. Economic Systems: Formal & Substantive Approaches
Today's lesson on the substantive versus formal approaches to economics is rather simple to grasp despite the way these names may sound. Learn about these terms and their origin and see some tangible examples of each.
3. The History of Money and Rise of Complex Economies
This lecture covers the development of money in response to the needs of complex economies. It begins with a discussion of gift economies. It then examines the factors that led to the growth of commodity economies. Find out how we came to use money, rather than goods, for commerce.
4. The Modern Economy: Primary, Secondary & Tertiary Sectors
The modern economy can be divided into three sectors that reflect the economic development of that society. This lesson will discuss and explore the interaction between the primary, secondary and tertiary sectors of the modern economy.
5. Forms of Economic Distribution & Exchange within Society
This lesson will seek to explain the different forms of economic distribution found across the globe. It will highlight generalized and balanced reciprocity as well as redistribution and market exchange.
6. Manufacturing Industry: Origin and Regions
This lesson will seek to explain the origins of industry, specifically the Industrial Revolution. In doing this, it will focus on Great Britain and inventions, like the Spinning Jenny and the steam engine. It will also highlight the exports of today.
7. Industrial Sites: Land, Labor & Capital
This lesson will seek to explain the factors that go into industrial site consideration. It will focus on land, labor, and capital. It will also highlight proximity of inputs and infrastructure.
8. Service Industries: Origin and Types
This lesson will seek to define the concept of the service industry. In doing so, it will focus on consumer, business, and public services while also defining division of labor, automation, and urbanization.
9. Local Distribution Companies & Material Distribution Centers
This lesson will seek to explain local distribution companies and material distribution centers. In doing this, it will highlight tangible goods and legalized distribution of utilities.
10. Services in Early and Contemporary Rural Settlements
This lesson will seek to explain services and products in early and contemporary rural areas. In doing this, it will highlight the Industrial Revolution, commercialization, cash crops, and urbanization.
11. Services in Early and Contemporary Urban Settlements
This lesson will explain services available in early and contemporary cities. It will highlight the terms urban, rural, urbanization, division of labor, and welfare systems.
12. Service Distribution: Central Place Theory & Market-Area Analysis
This lesson seeks to explain the central place theory and market area analysis. In doing this, we will highlight range, threshold, competition, and transportation.
13. Gift Economy: Definition & Concept
In this lesson we explore gift economies. Perhaps one of the earliest forms of economic exchange, gift economies today still hold important social and political importance in some communities.
14. Capitalist Society: Definition & Roles of the State
Many of the world's nations operate under a system of economic and political standards that may be described as capitalist. These capitalist societies have some things in common and some differences in how they handle commerce. This lesson will discuss some of these differences.
15. Game Theory: Examples & Applications
Game theory will be discussed in this lesson. It will be defined before being shown in practice with the Prisoner's Dilemma. It will also be discussed theoretically with the example of game trees. A quiz will follow.
16. Preferred Provider Organization (PPO): Definition & Overview
A preferred provider organization (PPO) is a specific type of health insurance plan that contracts with medical providers. We'll use an example of a patient with a PPO plan to learn what these plans cover - and what they don't.
17. The Protestant Ethic and the Spirit of Capitalism: Summary & Overview
Through this lesson, you will explore Max Weber's collection of essays known as ''The Protestant Ethic and the Spirit of Capitalism''. You will gain an understanding of why it was so significant both then and now.
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Other chapters within the Intro to Anthropology: Help and Review course
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- Anthropology Perspectives: Help and Review
- DNA and Cell Division: Help and Review
- Genetics for Anthropologists: Help and Review
- Evolution for Anthropologists: Help and Review
- DNA Mutations: Help and Review
- Physical Anthropology: Help and Review
- Geologic Time and Anthropology: Help and Review
- Anthropology & Ancient History: Help and Review
- Human and Cultural Migrations: Help and Review
- People and the Environment: Help and Review
- Agriculture & Domestication: Help and Review
- Ethnicity and Geography
- Studying Land Resources in Anthropology: Help and Review
- The Nature of Culture: Help and Review
- Art History and Anthropology: Help and Review
- Language and Communication in Anthropology: Help and Review
- Spatial Processes
- Settlement Patterns in Anthropology: Help and Review
- Studying Societies in Anthropology: Help and Review
- Family Relationships in Anthropology: Help and Review
- Studying Political Organization in Anthropology: Help and Review
- Studying Religion in Anthropology: Help and Review
- Applications of Anthropology: Help and Review