Question

The term "balanced reciprocity" refers to:_______.A. The system of exchange in which items are bought and sold, using money, with an eye to maximizing profit, and value is determined by the law of supply and demand B. The system of exchange in which a center collects goods, services, or their equivalent and redistributes them from center toward the periphery C. The system of exchange between people where the giver does not expect something concrete or immediate in return D. The system of exchange between people where the giver usually expects something in return the system of exchange in which exchange occurs in dealing with people outside or on the fringes of their social systems.

Answer 1

Answer:

D

Explanation:

Reciprocity is defined as a direct exchange of goods or services.

It can be categorized into generalized, balanced, and negative reciprocity.

Generalized reciprocity refers to an exchange that does not require a calculation of value or immediate repayment of the goods or services. This usually happens among family members and close associates.

Balanced reciprocity on the other hand involves calculating the value of the good and collection of payment for the goods or services rendered within a specified time frame.

Negative reciprocity occurs when one of  the party attempts to get more out of the exchange than the other party.

(A)Option A is Negative Reciprocity

(C)Option C is an example of generalized reciprocity.

The correct option is D.

The system of exchange between people where the giver usually expects something in return the system of exchange in which exchange occurs in dealing with people outside or on the fringes of their social systems.

Answer 2

Answer:

D. The system of exchange between people where the giver usually expects something in return.

Explanation:

Balanced reciprocity refers to a system of exchange between people where the giver usually expects something in return. It is also known as Symmetrical reciprocity.