Non-monetary economy

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A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the family household. Other examples include barter economies, gift economies and primitive communism.

Even in a monetary economy, there are a significant number of nonmonetary transactions. Examples include household labor, care giving, civic activity, or friends working to help one another. These nonmonetized labors represent an important part of the economy, and may constitute half of the work done in the United States.^[1] These nonmonetary subeconomies are referred to as embedded nonmonetary economies.

The nonmonetary economy could make the labor market more inclusive by rewarding more forms of work.^{[2][example needed]}