Time Banking:A Catalyst for Elderly Care or Social Reciprocity
Time banking,as an innovative concept,represents a distinctive form of community currency centered around the reciprocal exchange of time.Unlike traditional currencies,the time currency does not aim to replace monetary systems within the market economy.Instead,its purpose is to reintegrate reciprocity into both the public purpose economy and the core economy.While Time banking projects have successfully attracted participation from older individuals,the most significant contribution made by Cahn and the establishment of Time banking is not merely a tool for addressing aging-related challenges.Instead,it serves as a catalyst for the creation of informal support networks and the promotion of community engagement.
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