Exam 4: An Anthropological Approach to Economics

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Economics is not a science.

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In systems of household production, people always welcome technology that increases productivity.

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Lisu people produce:

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Lisu people engage in reciprocity, redistribution, and market exchange.

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A system that is organized by markets is called:

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Labor is a commodity in economic systems organized mainly by:

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A commodity is something that people exchange in:

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Lisu keep pigs to:

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The price of a commodity is the same as its exchange value.

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List the two ways people consume things:

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Justice is not supposed to be a commodity.

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Market forces decide the price of things.

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As productivity increases, wages increase.

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In a system of household production, twice the productivity means twice the product.

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Anyone's assumptions are:

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As productivity increases, the value of wages decreases.

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Necessary value is the amount necessary to:

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When Lisu sacrifice a pig they are:

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People in Lisu households do all of the labor to produce everything they need.

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The value of all commodities is determined by:

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