Sectoral currency
A sectoral currency is a form of complementary currency that is restricted to a specific sector. Examples of sectoral currency are the Saber, which is restricted to the educational sector and thus can only be used to buy education, and the Fureai kippu, which is restricted to the health care sector.
Sectoral currencies can make people provide the type of services they themselves require or intend to use in the future, which means people may act collectively intelligent because a currency is not generally redeemable.
References
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Medium of exchange
money
- Axe-money (W. Mesoamerica & N. Andes)
- Cocoa bean (Mesoamerica)
- Koku (rice)
- Manilla (W. Africa)
- Precious metals
- Quachtli (cotton cloth)
- Salt (Roman world)
- Shekel (barley)
- Shells
- Trade bead
Domestic animals |
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Representative money |
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(Fiat/Token)
- List of historical currencies
- Barter
- Bureau de change
- Central bank
- Clearinghouse bank
- Savings bank
- Mint
- Akkadian standards of measurement (c. 2150 BC)
- Code of Hammurabi (§100; §122–125; c. 1750 BC)
- Commodity theory of money (Metallism)
- Credit theory of money
- Quantity theory of money
- Standard of deferred payment
- Store of value
- Unit of account
- Digital currency
- Local currency
- Complementary currency
- Sectoral currency
- Time-based currency
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