Based on business application, a Token economy represents an application of the principles of "operant conditioning."
Token Economy is the term used to describe the system of contingency management based on the systematic support of target behavior.
Generally, the Token Economy is established in a way that functions on operant conditioning and behavioral economics.
Token Economy can be categorized within applied behavior analysis.
Hence, in this case, it is concluded that the correct answer is "operant conditioning."
Learn more about Token Economy here: https://brainly.com/question/4765509