The Kula Ring is a ceremonial exchange system practiced by the people of the Trobriand Islands in Papua New Guinea. It involves the circulation of valuable items, such as shell necklaces and armbands, among participants in a specific route. This exchange fosters social relationships and establishes alliances between different island communities. Participants in the Kula Ring do not keep the items permanently; instead, they pass them along to others in a reciprocal manner. This system emphasizes the importance of social status and prestige, as the value of the items is tied to the relationships formed through the exchanges.