Social Exchange Theory is a psychological and sociological concept that explains social behavior in terms of the exchange of resources, such as time, money, or emotional support. It suggests that individuals weigh the potential benefits and costs of their interactions, seeking to maximize rewards while minimizing losses. This theory is often applied to relationships, where partners assess their satisfaction based on the perceived balance of give-and-take. The theory posits that relationships are maintained when the perceived rewards outweigh the costs. Factors such as trust, commitment, and reciprocity play crucial roles in these exchanges. Understanding Social Exchange Theory can help explain dynamics in various contexts, including friendships, romantic relationships, and workplace interactions.