what do you understand by gift economy
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A gift economy or gift culture is a mode of exchange where valuables are not traded or sold, but rather given without an explicit agreement for immediate or future rewards. ... This contrasts with a barter economy or a market economy, where goods and services are primarily explicitly exchanged for value received.
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Gift economy is a form of exchange, outside of traditional economic markets, where goods and services are given freely without monetary exchange or expectations of a return or reward.
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