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What is money??????????????

What is the best way to explain it to someone who has only bartered throughout their life?

Update:

ANDREW55 ~ Where does it come from?

Update 2:

@lil bit~ ummmmm US hasn't backed its currency with gold since 1972. Its "fiat" it has lost 95% of its value since inception in 1913 and there is nothing backing it.

4 Answers

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  • 1 decade ago
    Favorite Answer

    a means of exchange .....also the bane of human kinds existance.. the root of greed

  • Anonymous
    1 decade ago

    look at it like this the us bases their money off of gold because gold is rare and their for it is valiable so meaning that it is a curency.. it is determend this way by the market it gets confusing but money is basically a note saying you have this much value and 1 dolar 5 dollar and so on and its a simple way a representing a value of worth..try wikipedia.com for a better answer imight have spelled wikipedia and type in your question in the search feature...hope this helped

  • 1 decade ago

    money is now the main currency recognized world wide.

    if you were to go to a shop and try to pay with anything else. they would decline.

    if you were to try to get paid for doing a job with something else. they would most likely decline. and pay in money.

    it is overall the most powerful and useful source of wealth.

  • 1 decade ago

    The root of all evil.

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