ELI5: Explain Like I'm 5

Gift economy

A gift economy is a type of economy where people give and receive goods and services without expecting anything in return. This means that gifts are given out of generosity and love rather than for money or to get something back. For example, parents often give gifts to their children, like toys or clothes, as a way to show their love and care. Other forms of gift economy include communities sharing things like food, knowledge, and skills with each other.When people take part in a gift economy, they often feel a great sense of connection, appreciation, and joy. Everyone benefits from the exchange and no one walks away empty-handed!