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Preferred term

generalized exchange  

Definition

  • Generalized exchange is a type of social exchange system in which the rewards that an individual receives from others do not depend on the resources provided by that individual. The exchange can occur between persons, organizations, countries, or other social groups. [Source: Encyclopedia of Governance; Generalized Exchange]

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URI

https://concepts.sagepub.com/social-science/concept/generalized_exchange

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