Week 3.1 social and community psychology
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Questions and Answers

what is On-the-ground economic substantivism model entail?

  • How people live in their social, cultural, and natural environment (correct)
  • How people make rational decisions on scarce resources to ‘get the best deal’
  • Rational, preferences, for maximisation of utility
  • People should pick the best option and anything else is an error
  • what is On-the-ground economic substantivism model entail? Choices

  • People should pick the best option and anything else is an error
  • Substance of the exchange or for us context (correct)
  • Neoclassical economics
  • People should pick the best option and anything else is an error
  • what is On-the-ground economic substantivism model entail? Choices

  • People should pick the best option and anything else is an error
  • Substance of the exchange or for us context
  • This could be used to explain why people are often irrational, sometimes altruistic, and generally avoid being self-interested (correct)
  • How people make rational decisions on scarce resources to ‘get the best deal’
  • what is On-the-ground economic formalist model entail? Choices

    <p>Neoclassical economics</p> Signup and view all the answers

    what is On-the-ground economic formalist model entail?

    <p>How people make rational decisions on scarce resources to ‘get the best deal’. Rational, preferences, for maximisation of utility</p> Signup and view all the answers

    what is On-the-ground economic formalist model entail?

    <p>People should pick the best option and anything else is an error</p> Signup and view all the answers

    What is one of the four systems of social properties of living?

    <p>Subsistence: Getting enough to live Getting food from the world = hunting and gathering (mobile life –nomadic)(See Burch, 1988) + Husbandry -raising crops and animals (static –specialised) Stay in one place = specialise = surplus for more complex exchanges</p> Signup and view all the answers

    What are some social properties of subsistence living?

    <p>Sedentary or mobile: Do they have to move around? Sedentary means: frequent interactions less avoidance more monitoring fixed dwellings Needing cooperative workers and alliances Needing commitment from others Storage and protection of stores and implements Inheritance Violence management Leadership Resource Issues Type of crop and method of cultivation Delay in crop maturation and utilization (Woodburn, 1988) Storage Inheritance Risk management Sharing and distribution</p> Signup and view all the answers

    what are some social properties of a barter economy?

    <p>-Potentially those in a barter can walk away and not interact again -Develops good knowledge of others and social skills for negotiation -Both parties are usually pleased with barter (even if they ostensibly complain) because they could walk away if displeased -If conflict occurs there is no higher authority to adjudicate; solutions lie with the participants -Develops trust and long-term relationships -Different items are exchanged: -Many items get moved around a community Provides a flexible contact focus for people -Can be used to prevent any further social relationship</p> Signup and view all the answers

    what are some social properties of an informal economy?

    <p>-Shadow Economies -Odd Jobs -Crime -Community systems -Tied to: Opportunities, History, Culture, Politics -Secrecy often involved with all its properties -Engages weak social network ties -Engages kin network ties -Less control over conditions of work</p> Signup and view all the answers

    According to the text, what is one reason why the need for money to trade increased?

    <p>Reduced common land (like enclosure laws)</p> Signup and view all the answers

    According to the text, what is one social change that occurred as people moved to cities and worked for money?

    <p>We can get strangers to do almost anything for us</p> Signup and view all the answers

    According to the text, what is one characteristic of the current trading system?

    <p>Rarely need family or a strong relationship or trust to get things done</p> Signup and view all the answers

    According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?

    <p>Individualization</p> Signup and view all the answers

    According to Weber, what are two important factors in economic behaviors?

    <p>Competition and entrepreneurship</p> Signup and view all the answers

    According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?

    <p>Labour</p> Signup and view all the answers

    According to Polanyi, which three things become buyable through the market?

    <p>Labour, Land, and Money</p> Signup and view all the answers

    According to the text, who controls 'the economy'?

    <p>The bureaucracy</p> Signup and view all the answers

    What does the bureaucracy organize?

    <p>Contracts and relationships</p> Signup and view all the answers

    According to Simmel, what is one key characteristic of economic behaviors when competing with strangers?

    <p>People become more individualistic</p> Signup and view all the answers

    What is one characteristic of the current trading system?

    <p>It is based on capitalism</p> Signup and view all the answers

    According to Karl Marx and Friedrich Engels, what do individuals sell in the trading system?

    <p>Their labor power</p> Signup and view all the answers

    Which of the following is NOT an effect of money, as described in the text?

    <p>Encouraging larger families</p> Signup and view all the answers

    What is one social change that money can bring about?

    <p>Preventing relationships from forming</p> Signup and view all the answers

    Why do people want fewer people in their families when money is involved?

    <p>To ensure the flexible money goes further</p> Signup and view all the answers

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