---
entity_slug: favour
entity_type: Element
vsm_system: S2
type_rationale: 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.
vsm_rationale: 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.
classified_at: '2026-02-23T11:06:20.777391'
---

# Classification: Favour

## Entity Type

Element

## VSM System

S2

## Type Rationale

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.

## VSM Rationale

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.