Generalized reciprocity is the exchange of goods and services without keeping track of their exact value, but often with the expectation that their value will balance out over time. (2010). [4]
In industrial society this occurs mainly between parents and children, or within married couples.[citation needed] In advanced society social and economic assistance is moderated by treasurers.[citation needed] In other cultures generalized reciprocity can occur within entire clans or large kin groups, for instance among the east Semai of Malaya.[citation needed] Between people who engage in generalized reciprocity, there is a maximum amount of trust and a minimum amount of social distance.[dubious – discuss] The expectation that the giver will be repaid is based on trust and social consequences; that is, a "mooch" who accepts gifts and favors without ever giving himself will find it harder and harder to obtain those favors.[citation needed] In industrial societies this can be found among relatives, friends, neighbors, and coworkers.[clarification needed] Balanced reciprocity