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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. [ 1 ]
The role of anthropology in institutions has expanded significantly since the end of the 20th century. [1] Much of this development can be attributed to the rise in anthropologists working outside of academia and the increasing importance of globalization in both institutions and the field of anthropology. [1]
Anthropology is the scientific study of humanity, concerned with human behavior, human biology, cultures, societies, and linguistics, in both the present and past, including archaic humans. [1] Social anthropology studies patterns of behavior, while cultural anthropology studies cultural meaning, including norms and values. [1]
Since anthropology arose as a science in Western societies that were complex and industrial, a major trend within anthropology has been a methodological drive to study peoples in societies with more simple social organization, sometimes called "primitive" in anthropological literature, but without any connotation of "inferior". [20]
Anthropological theories of value attempt to expand on the traditional theories of value used by economists or ethicists.They are often broader in scope than the theories of value of Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, etc. usually including sociological, political, institutional, and historical perspectives (transdisciplinarity).
Emic and etic approaches of understanding behavior and personality fall under the study of cultural anthropology. Cultural anthropology states that people are shaped by their cultures and their subcultures, and we must account for this in the study of personality. One way is looking at things through an emic approach.
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Applied anthropology is the practical application of anthropological theories, methods, and practices to the analysis and solution of practical problems. The term was first put forward by Daniel G. Brinton in his paper "The Aims of Anthropology". [1] John Van Willengen defined applied anthropology as "anthropology put to use". [2]