Final answer:
Rituals in which sponsors gave away resources in exchange for greater prestige have been practiced in various cultures and regions. Examples include the potlatch feasts among Indigenous peoples of the Pacific Northwest, redistributive land grants in ancient India, and gift exchange in precapitalist societies.
Step-by-step explanation:
In various cultures and regions, there have been rituals where sponsors gave away resources in exchange for greater prestige. One such example is the practice of potlatch among Indigenous peoples of the Pacific Northwest coast of Canada and the United States. Chiefs sponsored great feasts called potlatches and presented gifts to other chiefs as a demonstration of wealth and power, challenging the guest chief to reciprocate with an even more lavish feast and gifts.
Another example is the practice of redistributive land grants in ancient India. Rulers gave land grants to officials, priests, and temples in the hope of stimulating local economies and fostering wider economic growth.
There were also rituals involving gift exchange, redistribution, and debt among precapitalist societies. Instead of direct barter, individuals relied on reciprocal relationships and obligations to circulate goods through society.