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gift economy

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A gift economy is an economic system in which goods and services are given, rather than traded. This should in theory be beneficial because needs can be satisfied immediately, as opposed to economic stagnation caused by adverse or inappropriate trade conditions, as such in a poverty-stricken area. This is thus often the proposed solution to the poverty cycle, such as in Anarcho-Communism.

In Anarcho-Communism, there is no money or market