Local community currencies have been in use throughout the world for hundreds of years, complementing mainstream money systems. They
are used to measure the value of transactions between a group of people who agreee to exchange goods and services, not as one-to-one bartering, but with a pooled system of credits and debits. Thus, they create a local currency that can be spent within the group.
Nine schools across England have been piloting such currency systems as part of the 'SchooLets' project. The aim is to contribute to and enhance parental involvement, citizenship and education, and the role
of the school in community.
This booklet sets out the lessons from nine pilot schemes, aiming to provide the knowledge and resources necessary to enable schools to start up
their own community currencies.
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