The mode of distribution called reciprocity refers to the exchange of goods and services _______________.

Question

Quizplus · Accepted Answer

Reciprocity is a mode of distribution where goods and services are exchanged for the purpose of maintaining social relationships and gaining prestige. In reciprocity, there is an expectation of a return gift or service, but it doesn't necessarily have to be of equal value. Hierarchical relationships or profit-making are not the main purposes of reciprocity. There is also no intention to embarrass the person who gave the least as it would go against the social norms of reciprocity.

The Mode of Distribution Called Reciprocity Refers to the Exchange