which of the following statements is incorrect regarding social exchange theory?
Which of the following statements is incorrect regarding social exchange theory?
Answer:
Social Exchange Theory is a social psychological and sociological perspective that explains social change and stability as a process of negotiated exchanges between parties. It posits that individuals in a relationship evaluate the costs and benefits of the relationship and make decisions based on maximizing their own gains. Here are some statements related to Social Exchange Theory, and we will identify the incorrect one:
- People evaluate relationships based on the rewards they receive.
- One of the key concepts of the theory is equity, where balance and fairness are crucial.
- The theory suggests that individuals always act in a self-interested manner.
- Social Exchange Theory mainly focuses on the sacrifices made in relationships rather than the rewards gained.
Incorrect Statement: The incorrect statement regarding Social Exchange Theory is number 4. Social Exchange Theory actually focuses on both the rewards gained and the sacrifices made in relationships, not only on sacrifices as stated in statement 4. The theory considers that individuals calculate the costs and benefits of a relationship to make decisions that maximize their rewards while minimizing their losses, hence considering both aspects of the exchange process.