What type of relationships are described as Exchange Relationships?

Exchange relationships are characterized by a focus on the give-and-take dynamics between individuals, where rewards and costs are carefully balanced to ensure equity. These relationships operate on the principle that both parties will provide resources or favors with the expectation of receiving similar benefits in return. This exchange can be tangible, such as time and money, or intangible, such as emotional support or companionship.

In an exchange relationship, individuals are attentive to the fairness of the interactions, aiming to maintain a balanced ratio of contributions and benefits over time. This contrasts with relationships characterized by emotional support or strong romantic components, which may not prioritize equity in the same way. Therefore, the defining feature of exchange relationships is this emphasis on reciprocity and equitable interactions, making the answer focused on the need for equity the correct choice.