30 lines
978 B
Markdown
30 lines
978 B
Markdown
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---
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entity_slug: favour
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entity_type: Element
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vsm_system: S2
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type_rationale: Favour is a stock of goodwill or personal relationship that exists
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as a resource that can be drawn upon, rather than being a process or activity itself.
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vsm_rationale: Favour functions as an alternative coordination mechanism to market
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prices for obtaining goods and services, though Smith argues it is insufficient
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for complex economic coordination compared to price signals.
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classified_at: '2026-02-23T11:06:20.777391'
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---
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# Classification: Favour
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## Entity Type
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Element
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## VSM System
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S2
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## Type Rationale
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Favour is a stock of goodwill or personal relationship that exists as a resource that can be drawn upon, rather than being a process or activity itself.
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## VSM Rationale
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Favour functions as an alternative coordination mechanism to market prices for obtaining goods and services, though Smith argues it is insufficient for complex economic coordination compared to price signals.
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