Is the statement that the value of money being different across various cultures and societies is an example of social construction true or false?
Understand the Problem
The question is discussing the concept of money's value in relation to different cultures and societies, specifically inquiring whether the variability in money's value demonstrates social construction. It is prompting a true or false response regarding this assertion.
Answer
True.
The final answer is True.
Answer for screen readers
The final answer is True.
More Information
Money's value depends on social agreements rather than inherent qualities. Different societies or cultures assign different values to currencies, demonstrating that money is a social construct.
Tips
A common mistake is assuming that money has intrinsic value, rather than understanding it as a socially agreed-upon concept.
Sources
- Social constructionism - Wikipedia - en.wikipedia.org
- What money can teach us about social constructs - Matthew McKeever - mittmattmutt.medium.com
- Social Construct: Definition, Examples, and Why They Happen - verywellmind.com
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