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Gift Economy

You are here: Home / CM Tooltip Glossary Ecommerce / Gift Economy

8 October,2017By: Arman Abdul Rahman

Economy in which the exchange of gifts plays the key social role. Anthropological research has shown a direct relationship between gift exchanges and community building. The Latin origin of the word community itself shows this connection: cum (together, among each other); and munere(to give); hence community, “to give among each other.”

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