Explain How Business Anthropology's Two Primary Streams of Research and Practice

question 23

Essay

Explain how business anthropology's two primary streams of research and practice differ, and how they complement one another. Then give an example of a topic of study that would be appropriate for each stream.

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Definitions:

Social Class

A division of a society based on social and economic status, often influencing an individual's opportunities and quality of life.

Lifestyles

The way a person or group lives, including their behaviors, attitudes, and values, which are often influenced by cultural, social, and economic factors.

Achieved Status

A social position that a person earns or chooses based on their actions, efforts, and skills, contrasted with ascribed status which is born into.

Material Wealth

The abundance of physical, tangible assets and resources owned by an individual or collective, often used as a measure of economic success or standard of living.