What term signifies a mutual exchange where each person gives as well as receives?

The term that signifies a mutual exchange where each person gives as well as receives is reciprocity. This concept is foundational in many types of relationships, including personal, social, and economic interactions. Reciprocity implies a two-way interaction where actions are returned in kind, promoting balance and fairness between individuals. For example, in friendships, if one friend helps another, it is often expected that the help will be returned in some form, fostering strengthened bonds and mutual support.

In contrast, diversity refers to the variety of different elements or characteristics within a group, and joint custody pertains to the legal arrangement regarding the care of children after parents separate. Harassment, on the other hand, describes unwanted behavior that creates an intimidating environment. Understanding reciprocity is essential in many contexts, especially in fostering cooperative relationships.