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Aim of the topic: Exploring the sociological theory of exchange

Topic in brief: The genesis of social exchange theory goes back to 1958, when American sociologist George Homans published an article entitled “Social Behavior as Exchange.” Homans devised a framework built on a combination of behaviorism and basic economics. In the immediate years that followed, other studies expanded the parameters of Homans’ fundamental concepts.
Social exchange theory is a concept based on the notion that a relationship between two people is created through a process of cost-benefit analysis. It’s a metric designed to determine the effort poured in by an individual in a person-to-person relationship. The measurement of the pluses and minuses of a relationship may produce data that can determine if someone is putting too much effort into a relationship.
Learning outcomes: At the end of the topic you will be able to apply social exchange theory on african realities.
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