Society is a congregation of people who come to live in a group due to a number of reasons ranging from the need to fight against other tribes, against fierce animals, hunt big animals in a team, undertake public projects such as a bridge over a canal, to psychological need to have mates and friends. Living in groups would require a set of rules and regulations to allow for co-existence in harmony. But the fact of life is there is scarcity of resources and short of a good distributive system, conflict over allocation of resources will naturally occur. The conflict would involve four elements, economic interest, social status or social standing in a society, power to manage resources and to set up rules and regulations for conducts and last is the conflict over value.