Exchange Networks

Exchange networks are systems that allow individuals or groups to trade goods, services, or information without using money directly. Instead of buying and selling, participants offer something they have in exchange for what they need, forming a web of reciprocal relationships. These networks can be formal, like community swap meets, or informal, like friends sharing skills. They encourage cooperation and resource sharing, often leading to savings and fostering community connections. Overall, exchange networks enhance social ties while maximizing the utility of resources available to participants.