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The Gift Economy

Last tended on April 16, 2020

Gift economies are a system of exchange based on gift giving. Valuables are systematically given without explicit agreement of future rewards within a contained community of people.

Gift economies are generalised, non-specific, non-linear, indirect, and delayed.

The emphasis in a gift exchange is on strengthening the both between the giver and receiver. It creates a kind of "positive debt," where the two people are now tied to one another.

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Maggie Appleton © 2020