To vote in the colonies, you were not required to have an education.
Answer: behavior modification
Explanation:
The token system is a method used in behavior modification to reinforce desirable behavior and reduce unwanted behavior. Reinforcement is in the form of a valuable item which is given to the individual whose behavior is being modified. This reward/token can be used within the system, but is usually not a valid form of exchange outside the system. For example, while the chip used here is a suitable form of token, money is not.
He claimed that it was a new phenomenon because the postwar economy was booming in the US, unlike the rest of the world. As he claims, while there should be scarcity, there's an economy of abundance in the US, which goes against common sense.