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ALL meanings of token economy

to·ken e·con·o·my
T t
  • noun token economy a method of encouraging desirable behavior, especially in a hospital setting, by offering rewards of token money that can be exchanged for special food, access to television, and other bonuses. 1
  • noun token economy a type of psychotherapy in which the inmates of an institution are rewarded for good behaviour with tokens that can be exchanged for privileges 0
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