What is social exchange in sociology?
Could you please explain what social exchange is in the context of sociology? Is it a concept that describes the interactions between individuals or groups, and if so, how does it differ from other forms of social interaction? Additionally, what are some of the key principles or theories that underpin social exchange, and how do they help us understand human behavior and relationships? I'm particularly interested in how social exchange can be applied to various social contexts, such as work, family, and friendships.