What is a scrip?

a type of town currency accepted only at company storesa type of town currency accepted only at company storesa deed of trust built on company property for families of skilled laborersa deed of trust built on company property for families of skilled laborersa contract for child laborersa contract for child laborersa proposal of anti-trust laws

1 answer

A scrip is a type of town currency that is accepted only at company stores. It was often used in company towns where workers were paid in scrip instead of cash, which could only be used to purchase goods and services at the company's facilities. This practice often led to workers being tied to the company, as they had limited options for spending their earnings.