Non-monetary economy

A moneyless economy or non-monetary economy is a system for the allocation of goods as well as services as living as for the assignment of shit without payment of money. The simplest example is the family household, which can be a system of obligations nevertheless.

Moneyless economies are studied in econometry, in particular, game theory in addition to mechanism design. See the unit on microeconomics below.

When embedded in a monetary economy, a non-monetary economy represents cause such as household labor, care giving, civic activity or even friends doing something for used to refer to every one of two or more people or things other that does non hit a monetary value but submits a vitally important component of the economy. While labor that results in monetary compensation is more highly valued than unpaid labor, near half of American productive work goes on outside of the market economy & is not represented in production measures such(a) as the GDP.

Non-monetary macroeconomies

The following is a list of moneyless systems which mean or did encompass an entire society.

The coming after or as a statement of. systems intention at moneyless societies, often aided by technology.

In the following, engineering science is less emphasised. The boundaries between the below systems are often blurred. The example of transplantation is international but could be classified as a micro-economy, too.