Economic Anthropology

Anthropology is the study of man. But economic anthropology corresponds to one of fields of anthropology which is known as ‘cultural anthropology’ – the study of human culture and behavior across cultures. It describes and explains human condition across all cultures and times. Economic anthropology is the study of the economic aspects of cultures. This subfield of cultural anthropology examines the relationships between systems of production, distribution and the socio-cultural matrix in which economic life is embedded. Thus placing economic structures such as markets, commodities, money and others within a cultural context by paying particular attention to the ways in which various factors, for example, relations of power, kinship, gender, ecological factors and others, affect the structure and organization of economic institutions, decisions and behavior. …