noun
a system in which goods and services are given without any explicit agreement for immediate or future rewards
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The concept of gift economy is based on the principle of giving without the expectation of receiving something in return.
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In a gift economy, people freely share and exchange goods and services without the need for money.
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Some online communities operate on a gift economy model where members can offer and receive items for free.
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Her generosity created a gift economy of kindness and support among her friends and family.