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Interview two people about money.

Whose picture is on a twenty?
1) Andrew Jackson
2) Andrew Jackson

Ask them why they ‘believe’ in money?
1) Everything would be free without it
2) I believe in money because it is the means to provide for oneself in modern civilization.

Do they imagine a time in which people might not believe in money?
1) No, I can imagine a time in which people stop believing in cash, but not money
2) No

Why is money important?
1) Because we live in a world that thrives on it
2) Money is important be cause it is a stable way of trading a valued note for goods and services.

Can money be something more than notes of currency?
1) Yes they can
2) Yes, money can be something more than notes of currency as long as that something is widely accepted and stable.

Would you believe in money that isn’t a dollar or coin?
1) I wouldn’t because I grew up in a country that uses dollars and coins so that is all I know
2) Yes


Write a page describing the results of your survey











July 11, 2011



Both people knew the correct answer to who was on the 20-dollar bill. I wasn’t too shocked by this because a 20 is the most common bill you see. Even though most people don’t carry cash anymore, when we do go to the ATM to get money it comes in increments of 20. I think that if the question would have been who is on a 50 or 100 the answers may have been off, but there are plenty of references in pop culture that may trigger someone to remember who is on those bills even if they rarely carry them.
The first respondent believed in money because “everything would be free without it.” I think this respondent may have been looking at money narrowly, as only the currency that we use today. Even if we didn’t believe in money the exchange of food would still occur and it would not be free. The second respondent believed in money as means surviving in the modern world. It is true that you use money in exchange for the necessities of life. In a time where civilization has developed beyond subsistence farming we now need money to purchase everyday good for living.
Both believed that money would always exist. One specified that cash may not be around but money will always exist. I agree with that. Money is more than a tangible thing and possesses a metaphysical quality. You will always have exchange and trade and whatever is used will constitute as money.
Both found that money is important because we need it to get by. One response was that the world thrives on it and the other was that it is needed as an accepted way to conduct exchange of goods and services.
They both agreed that money could be something besides notes of currency. I asked this to see if the respondents would recognize that money is more than dollars or coin. The next question piggy backed on the last and asked if they would believe in money that is not currency or coin. The second respondent who felt that as long as something was widely accepted and stable it could be used as money agreed that he would believe in money that wasn’t dollar or coin. The first respondent felt that growing up in a country where paper and coin are used it would be unlikely to accept another form of money. Again, I feel you must looked beyond money as coins and accept it as a value of trade or exchange. This could be anything so long as everyone accepts it.