6-8beginnermoney-fundamentals

What Is Money?

Money is a tool people use to swap effort, goods, and value.

Lessons in this module

50 min module estimate

Money helps us trade

Money helps people swap work, goods, and value more easily than barter.

Barter is direct swapping, and it only works when both sides want the trade.

Coins and notes are physical money, and the number printed on them tells their value.

Your balance goes up when money comes in and down when money goes out.

Money works because people trust and agree to accept it.

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