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Economic Anthropology

The economic anthropologists concentrate on the economic transactions and processes covering production, consumption, distribution and exchange of products in the primitive and peasant societies. They focus on the modes of exchange including ceremonial exchanges. The concepts of reciprocity and redistribution including the nature of trade and market systems are also studied. The processes of economic growth and development in societies in the light of socio-cultural factors that influence and determine the economic activity in the society is also closely studied.