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What is money? Money makes the world go around. Money is a government-issued commodity accepted by the public as a medium of economic exchange. It is the medium in which prices and values are expressed; as currency, it circulates anonymously from person to person and country to country, thus facilitating trade, and it is the principal measure of wealth. World currencies All around the world different countries use different types of money. Many countries have their own money. This money is backed by the government and is usually called "legal tender." Legal tender is money that must be accepted as
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