Local Currencies: Difference between revisions

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=Definition=
=Definition=
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"In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse."
"In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse."
(http://en.wikipedia.org/wiki/Local_currency)
(http://en.wikipedia.org/wiki/Local_currency)
=Examples=
* E.F Schumacher Society Local Currency Library, http://www.smallisbeautiful.org/local_currencies.html
* Complementary Currency Systems and Local Exchange Networks, http://www.transaction.net/money/community/index.html
* Local and Interest-Free or Alternative Currencies, Social Credit and Microcredit, http://www.ex.ac.uk/~RDavies/arian/local.html
* Ithaca Hours, Local Currency in Ithaca, NY, http://www.ithacahours.org/
* The Burlington Currency Project – Local Currency in Burlington, Vermont, http://www.burlingtoncurrency.org/


[[Category:Encyclopedia]]
[[Category:Encyclopedia]]


[[Category:Money]]
[[Category:Money]]

Revision as of 13:37, 6 February 2010

Definition

From the Wikipedia at http://en.wikipedia.org/wiki/Local_currency

"In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse." (http://en.wikipedia.org/wiki/Local_currency)


Examples