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Barter and Ithaca Hours

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Barter and Ithaca Hours

Barter vs. Ithaca Hours

In trade, barter is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. The Ithaca HOUR is a local currency used in Ithaca, New York and is the oldest and largest local currency system in the United States that is still operating.

Similarities between Barter and Ithaca Hours

Barter and Ithaca Hours have 6 things in common (in Unionpedia): Cincinnati Time Store, Josiah Warren, Local currency, Local exchange trading system, Scrip, Time-based currency.

Cincinnati Time Store

The Cincinnati Time Store was a successful retail store that was created by American individualist anarchist Josiah Warren to test his theories that were based on his strict interpretation of the labor theory of value.

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Josiah Warren

Josiah Warren (1798 – April 14, 1874) was an individualist anarchist, inventor, musician, printer, and author in the United States.

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Local currency

In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations.

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Local exchange trading system

A local exchange trading system (also local employment and trading system or local energy transfer system; abbreviated LETS) is a locally initiated, democratically organised, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services by using locally created currency.

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Scrip

A scrip (or chit in India) is any substitute for legal tender.

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Time-based currency

In economics, a time-based currency is an alternative currency or exchange system where the unit of account/value is the person-hour or some other time unit.

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The list above answers the following questions

Barter and Ithaca Hours Comparison

Barter has 81 relations, while Ithaca Hours has 26. As they have in common 6, the Jaccard index is 5.61% = 6 / (81 + 26).

References

This article shows the relationship between Barter and Ithaca Hours. To access each article from which the information was extracted, please visit:

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