Define the different kinds of reciprocity that are discussed in the readings (it's necessary to read both the required materials for this week as well as the Week 5 Lesson). Explain these using examples of each from your own life

1. Generalized reciprocity: This is a way of giving someone a gift without expecting immediate return from the person.

2. Balanced Reciprocity: Gift is giving with immediate expectation of return from the person.

3. Negative Reciprocity: This happen when you expect someone to give something he or she is not ready to give.

Explanation:

Examples:

Generalized reciprocity: when any of my friends do shopping together and i paid so next time we do shopping again i do not expect him to pay the bill for me.

Balanced Reciprocity: In my own family, every member must buy at least a gift and a tally with name will be picked by members then you exchange your gift with the person.

Negative Reciprocity: I bought a new Laptop for $230 and after six month, i seriously need money for an important project, they offered $180.