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Essay / Research Paper Abstract
10 pages. This interesting paper on the monetary system in the United States first gives an overview of how important the driving force of money is in our society and culture. Given in both a historical and current view, the reader can clearly see how important money is in many ways for social status. The paper then describes the Federal Reserve System, or the 'keepers' of the monetary system as well as historical ups and downs we have seen in the economy of our country. Bibliography lists 9 sources.
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10 pages (~225 words per page)
File: D0_JAmoneys.rtf
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money is in our society and culture. Given in both a historical and current view, the reader can clearly see how important money is in many ways for social
status. The paper then describes the Federal Reserve System, or the keepers of the monetary system as well as historical ups and downs we have seen in the economy
of our country. MONEY IN OUR CULTURE When assessing the value of money in todays American culture, it is important to assess why it has reached such a place
of status. In the beginning, money was created as an adjunct to the barter system, where one would offer a special talent or compensation for the service of another.
Money became a substitute for the manual labor often involved in bartering for goods and services. It was not long before money earned an entirely different reputation, one
that would ultimately encourage vile and undesirable behavior from those who wanted more than their share. The drive to possess great amounts of money has survived throughout the centuries, only
to become even more disastrous in contemporary culture. There appears to be no end to what people will do to acquire a lot of money, often sacrificing their families,
their health and their morality. How can something that fits in the palm of ones hand evoke such cultural tension and strife? To be sure, the more money one
has, the better a life he will lead. Money provides copious riches of its own; it allows people to rise out of poverty; it has an automatic status that
becomes attached to its owner; and it provides advantages not customarily given to those without it. Indeed, it makes life much easier to bear. Money controls the United States
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