4 ms·
Money just have value because society (be it government or just a group of people) need to accept it so it has value. Either government makes it mandatory ("ev
by woliveirajr 8y ago
Money just have value because society (be it government or just a group of people) need to accept it so it has value.
Either government makes it mandatory ("everybody must accept dollar bills as payment"), or people accept them at free will ("I will give you this horse if you give me 3 sheeps").