QuestionQuestion

Economic Systems and Patterns of Subsistence
Question: Traditional economic theory holds that all people work rationally to maximize profit.
From an anthropological perspective, do you believe this is true?
Why or why not?

Book: Haviland, Prins, McBride, Walrath 13 edition (Cultural Anthropology the human challenge)

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From the anthropological perspective, the economic theory is not entirely logical and does not apply to non-industrialized societies that do not rely on exchange of goods for profit. In these societies, social and political relations are of primary importance rather than profit. It’s not about financial profit but rather about sharing resources, and ultimately, surviving, together....
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