The Exchange
Theory
Defined as that
framework which explains how individuals develop within the famil context. It refers to the principle where
individuals enter into relationships where they can get maximum benefits but
they in turn gives back very little.
It also explains how
individuals use their personal resources as a powerful tool to get what they
want. eg. Roy is a young lawyer who drives an expensive vehicle, he uses that
as power invested in him to ask Jane to go out with him on a date. Jane is this
ordinary charming young girl who has very limited resources. Roy does not
expect Jane to refuse him because of his job and his expensive vehicle. Roy is
also anticipating he will get something in the end, eg. a hug , this would be
the exchange of reward.
Exchange of rewards and
costs shapes power and influence in families. It can be material or non
material. A good example is household tasks perform by family members which are
beneficial to other family members. The family members who perform these tasks
are looked up to by other family members to do these tasks.
The theory also
explains that relationships which carry equal weight will grow and last longer
than those where there is an imbalance eg. father helping with house hold chores such as
ironing, cooking and even washing up dishes helps to make mother happy.
Then there is the “Principle
of least Interest” This refers to individuals who are in relationship and are
not committed to the relationship tend to exploit their partner. They bring a
lot of hurt to their partner because they cheat, lie, and make a lot of
excuses.
The theory also states “money
is power” this explains the fact that an individual who has money anything is
possible for him to do or get.