# 102.1 Lesson - moneySocialAgreement

**Screen:** moneySocialAgreement

**Headline:** Money is a social agreement.

**Reward:** 2

**Text:** Money requires people to trust. People trust the paper dollar bills in their pocket. They trust the digits in their online bank account. They trust the balance on a store gift card will be redeemable. Having money allows people to easy trade it immediately for a good, or a service.

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## QUIZ

**Question:** Why does money have value?

**Answer:** Because people trust that other people will value money similarly

**Feedback:** Correct. This is what allows money to work!

**Correct:** true

**Answer:** Because your mother told you so

**Feedback:** She may well have. But that is not the correct answer here!

**Correct:** false

**Answer:** Because a dollar bill is worth its weight in gold

**Feedback:** Nope. In the past you could exchange US dollars for gold. But this is no longer the case.

**Correct:** false

<figure><img src="/files/EN5gzfatVoLtO0gXk3vJ" alt=""><figcaption></figcaption></figure>


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