In trade, barter is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists usually distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral. In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable or simply unavailable for conducting commerce.
The Native American trade refers to the historic trade between the Indigenous people of North America and European settlers. The period begins before the colonial period, continuing through the 19th century and declining around 1937.
A gift economy or gift culture is a system of exchange where valuables are not sold, but rather given without an explicit agreement for immediate or future rewards. Social norms and customs govern giving a gift in a gift culture; although there is some expectation of reciprocity, gifts are not given in an explicit exchange of goods or services for money, or some other good or service. This contrasts with a barter economy or a market economy, where goods and services are primarily explicitly exchanged for value received.
Mestizo is a person of mixed European and Indigenous non-European ancestry in the former Spanish Empire. In certain regions such as Latin America, it may also refer to people who are culturally European even though their ancestors are Indigenous. The term was used as an ethno-racial exonym for mixed-race castas that evolved during the Spanish Empire. It was a formal label for individuals in official documents, such as censuses, parish registers, Inquisition trials, and others. Priests and royal officials might have classified persons as mestizos, but individuals also used the term in self-identification. With the Bourbon reforms and the independence of the Americas, the caste system disappeared and terms like "mestizo" fell in popularity.
A potlatch is a gift-giving feast practiced by Indigenous peoples of the Pacific Northwest Coast of Canada and the United States, among whom it is traditionally the primary governmental institution, legislative body, and economic system. This includes the Heiltsuk, Haida, Nuxalk, Tlingit, Makah, Tsimshian, Nuu-chah-nulth, Kwakwaka'wakw, and Coast Salish cultures. Potlatches are also a common feature of the peoples of the Interior and of the Subarctic adjoining the Northwest Coast, although mostly without the elaborate ritual and gift-giving economy of the coastal peoples.
Wampum is a traditional shell bead of the Eastern Woodlands tribes of Native Americans. It includes white shell beads hand-fashioned from the North Atlantic channeled whelk shell and white and purple beads made from the quahog or Western North Atlantic hard-shelled clam.
Economic anthropology is a field that attempts to explain human economic behavior in its widest historic, geographic and cultural scope. It is an amalgamation of economics and anthropology. It is practiced by anthropologists and has a complex relationship with the discipline of economics, of which it is highly critical. Its origins as a sub-field of anthropology began with work by the Polish founder of anthropology Bronislaw Malinowski and the French Marcel Mauss on the nature of reciprocity as an alternative to market exchange. For the most part, studies in economic anthropology focus on exchange.
In cultural anthropology, reciprocity refers to the non-market exchange of goods or labour ranging from direct barter to forms of gift exchange where a return is eventually expected as in the exchange of birthday gifts. It is thus distinct from the true gift, where no return is expected.
Kula, also known as the Kula exchange or Kula ring, is a ceremonial exchange system conducted in the Milne Bay Province of Papua New Guinea. The Kula ring was made famous by Bronisław Malinowski, considered the father of modern anthropology. He used this test case to argue for the universality of rational decision-making and for the cultural nature of the object of their effort. Malinowski's seminal work on the topic, Argonauts of the Western Pacific (1922), directly confronted the question, "Why would men risk life and limb to travel across huge expanses of dangerous ocean to give away what appear to be worthless trinkets?" Malinowski carefully traced the network of exchanges of bracelets and necklaces across the Trobriand Islands, and established that they were part of a system of exchange, and that this exchange system was clearly linked to political authority.
Sambo is a derogatory label for a person of African descent in the Spanish language. Historically, it is a name in American English derived from a Spanish term for a person of African and Native American ancestry. After the Civil War, during and after the Jim Crow era the term was used in conversation, print advertising and household items as a pejorative descriptor for black people. The term is now considered offensive in American and British English.
Redskin is a slang term for Native Americans in the United States and First Nations in Canada. The term redskin underwent pejoration through the 19th to early 20th centuries and in contemporary dictionaries of American English, it is labeled as offensive, disparaging, or insulting. Although the term has almost disappeared from contemporary use, it remains in use as a sports team name. The most prominent was the NFL's Washington Redskins, who resisted decades of opposition before retiring the name in 2020 following renewed attention to racial justice in the wake of the murder of George Floyd and subsequent protests. While the usage by other teams has been declining steadily, 37 high schools in the United States continue to be Redskins. School administrators and alumni assert that their use of the name is honoring their local tradition and not insulting to Native Americans.
A gambrel or gambrel roof is a usually symmetrical two-sided roof with two slopes on each side. The upper slope is positioned at a shallow angle, while the lower slope is steep. This design provides the advantages of a sloped roof while maximizing headroom inside the building's upper level and shortening what would otherwise be a tall roof, as well as reducing the span of each set of rafters. The name comes from the Medieval Latin word gamba, meaning horse's hock or leg. The term gambrel is of American origin, the older, European name being a curb roof.
There is an ongoing discussion about the terminology used by the Indigenous peoples of the Americas to describe themselves, as well as how they prefer to be referred to by others. Preferred terms vary primarily by region and age. As Indigenous peoples and communities are diverse, there is no consensus on naming.
Welsh settlement in the Americas was the result of several individual initiatives to found distinctively Welsh settlements in the New World. It can be seen as part of the more general British colonization of the Americas.
Gay is a term that primarily refers to a homosexual person or the trait of being homosexual. The term originally meant 'carefree', 'cheerful', or 'bright and showy'.
Stereotypes of Indigenous peoples of Canada and the United States of America include many ethnic stereotypes found worldwide which include historical misrepresentations and the oversimplification of hundreds of Indigenous cultures. Negative stereotypes are associated with prejudice and discrimination that continue to affect the lives of Indigenous peoples.
Wog is a racial slur used to refer, in British English, to black and South Asian people, and, in Australian English, to people from the Mediterranean region. Whilst it is extremely derogatory in British English, in Australian English it may be considered non-offensive depending on how the word is used, due to reclamation and changing connotations.
The North American fur trade is the (typically) historical commercial trade of furs and other goods in North America, predominantly in the eastern provinces of Canada and the northeastern American colonies. The trade was initiated mainly through French, Dutch and English settlers and explorers in collaboration with various First Nations tribes of the region, such as the Wyandot-Huron and the Iroquois; ultimately, the fur trade's financial and cultural benefits would see the operation quickly expanding coast-to-coast and into more of the continental United States and Alaska.
One of the best-known arts of the Mapuche is their textiles. The tradition of Mapuche textile production dates back to pre-Hispanic times and continues up to this day. Prior to the 20th century Mapuche textiles and ponchos in particular were important trade items.
