Question

Gifts and charities are also known as​

Answer 1

Answer:

Donation..

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Answer 2

Answer:

Gifts and charities are also known as​ "Unilateral transfer".

Explanation:

Unilateral transfer:-

1. Unilateral transfer involves transferring finances, goods, or services to a philanthropist country that returns nothing.

2. Unilateral transfers are frequently common in countries that give foreign aid from developed countries to less developed countries.

3. Unilateral transfers are frequently considered a gift in everyday life. This may be in conflict with the bilateral transfer, the collective exchange of goods, plutocrats, and services. A birthday or marriage gift is an illustration of when nothing is anticipated in return.

question:- Gifts and charities account are also known as?

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