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Describe the Different Modes of Exchange Operating in the Society

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Essay

Describe the different modes of exchange operating in the society of the United States. What are their interrelationships with one another? Give examples.


Definitions:

Attained Goal

An objective or target that has been successfully achieved.

Effort

The amount of energy, time, or resources expended towards achieving a goal or completing a task.

External Justification

Refers to reasons or explanations provided for a person's behavior that lie outside the individual, often used to explain actions that contradict one's own beliefs or values.

Cognitive Dissonance

The psychological unease felt by someone who simultaneously maintains two or more conflicting beliefs, ideas, or values.

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