Social Sciences, asked by SOUMIK744, 9 days ago

what is token currency?

Answers

Answered by adhikarysoumik104
1

Answer:Token money, or token, is a form of money that has little intrinsic value compared to its face value. Token money is anything that is accepted as money, not due to its intrinsic value but instead because of custom or legal enactment. Token money costs less to produce than its face value

Explanation:

Answered by koutavjana
1

Answer:

Token money, or token, is a form of money that has little intrinsic value compared to its face value. Token money is anything that is accepted as money, not due to its intrinsic value but instead because of custom or legal enactment. Token money costs less to produce than its face value.

Explanation:

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