Question

Which of the following statements about potlatching is NOT true?

A)
Potlatching is an example of competitive feasting.
B)
Potlatching was misinterpreted as a classical case of economically wasteful behavior.
C)
Potlatching is well documented among Native American communities of the North Pacific Coast of North America.
D)
Potlatching is a form of exchange that has long-term adaptive value.
E)
Potlatching is a case that proves that the profit-maximizing motive is a human universal.

Answer 1

D) Potlatching is a form of exchange that has long-term adaptive value.

What is the main purpose of a potlatch?

Historically, the potlatch functioned to redistribute wealth in what some refer to as a gift-giving ceremony. Valuable goods, such as firearms, blankets, clothing, carved cedar boxes, canoes, food and prestige items, such as slaves and coppers, were accumulated by high-ranking individuals over time, sometimes years.

What is an example of a potlatch?

In a more general sense, to potlatch can signify giving or holding a feast, wild party, or both! Example: During the potlatch, the chieftain gave a speech to thank all of his guests. Example: We held a crazy potlatch for my sister's 16th birthday.