According to _____, social relationships involve an exchange of goods, the objective of which is to minimize costs and maximize benefits.

Question

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The statement describes social exchange theory, which holds that social relationships involve an exchange of goods, with the aim of minimizing costs and maximizing benefits for the parties involved. This exchange can take many forms, including material goods, emotional support, and social status. The theory suggests that individuals will weigh the costs and benefits of engaging in a particular relationship before deciding to invest in it.

According to _____, Social Relationships Involve an Exchange of Goods