A chief receives yams from members of the chiefdom and then gives those yams back to other people within the chiefdom. This form of exchange is known as redistribution.
Redistribution is a term used in cultural anthropology and sociology to describe a system of economic trade that entails the central collecting of products from group members and then their redistribution among those members. It represents reciprocity.
According to Dalton's concept of transfer for income redistribution, society will benefit from a transfer of a unit of money from a richer to a poorer person.
Reciprocity is the exchange of similar-value products.
<h3>What is the difference between reciprocity and redistribution?</h3>
Redistribution is the process of distributing a mass of goods toward a population through a centralized organization.
Market Exchange: Business conducted by setting a price for commodities in a market.
