Answer:
A gift or a present is an item given to someone without the expectation of payment or anything in return. An item is not a gift if that item is
already owned by the one to whom it is given, Although gift-giving might involve an expectation of reciprocity, a gift is meant to be free. In many
countries, the act of mutually exchanging money, goods, etc, may sustain social relations and contribute to social cohesion. Economists have elaborated
the economics of gift-giving into the notion of a gift economy. By extension the tern gift can refer to any item or act of service that makes the other
happier or less sad, especially as a favor, including forgiveness and kindness. Gifts are also first and foremost presented on occasions such as birthdays
and holidays.
Explanation:
