concept   money
28 commonsense assertions
Cultures (28) • Western countries (1) • United States (1) • Barter-based societies (1) • Japan (1) • Western Europe (1) • Eastern countries (1) • Germany (1) • Jewish culture (1) • United Kingdom (1) • African cultures (1) • China (1) • Economics (1) • Modern economies (1) • capitalist countries (1) • cryptocurrency community (1) • traditional banking society (1) • American (1) • British (1) • Indigenous tribes (1) • Japanese (1) Mathematics in Western countries (1) • Modern monetary societies (1) • Papua New Guinea (1) • South American countries (1) • Unbanked communities in developing countries (1) • Vanuatu (1) • financial trading centers (1) • historical agrarian societies (1) • more
# Concept Culture Statement Freq.
1 money Western countries Money is seen as vital for financial stability and success in Western culture, typically obtained through employment or support from loved ones. 18
2 money United States In the United States, money is vital for financial stability, success, and is commonly used for transactions in daily life. 10
3 money Barter-based societies Barter-based societies rely less on money and instead use bartering and direct exchange for transactions. 7
4 money Japan In Japan, discussing money is taboo and tipping is not expected. 6
5 money Western Europe In Western European culture, financial security and success are typically achieved through earning money from a regular job. 6
6 money Eastern countries In Eastern countries, money is often used to prioritize collective well-being through family and community support during financial challenges. 4
7 money Germany In Germany, money is seen as a status symbol and essential for a comfortable life. 4
8 money Jewish culture In Jewish culture, charity, avoidance of images on money, gift-giving, and avoiding physical contact during financial dealings are important cultural concepts related to money. 4
9 money United Kingdom Money is crucial for daily life in the United Kingdom and being broke is often seen as a temporary setback for young adults. 4
10 money African cultures In African cultures, collective wealth and community support are prized for financial security. 2
11 money China In China and Japan, tipping is not expected and discussions about money are considered taboo. 2
12 money Economics Money is used as a medium of exchange, unit of account, and store of value within an economic system. 2
13 money Modern economies Money is essential for trade and transactions in modern market economies. 2
14 money capitalist countries The concept of money is central to the culture of capitalist countries, where financial success and the need for money are paramount. 2
15 money cryptocurrency community The cryptocurrency community believes decentralized digital currencies will be the future of money. 2
16 money traditional banking society Traditional banking societies rely on government-backed fiat currency and centralized banks for financial transactions. 2
17 money American In American culture, tipping is a common practice in service industries. 1
18 money British Tipping is a common practice in British service industries. 1
19 money Indigenous tribes Indigenous tribes place greater importance on communal wealth and resource sharing than individual financial success. 1
20 money Japanese In Japanese culture, tipping is not customary and may be seen as rude. 1
21 money Mathematics in Western countries Western countries place a strong emphasis on understanding compound interest and investment strategies in the context of money and mathematics. 1
22 money Modern monetary societies Money is the primary medium of exchange for goods and services in modern monetary societies. 1
23 money Papua New Guinea In Papua New Guinea, traditional exchange systems and bartering are still widely practiced, with less reliance on physical currency. 1
24 money South American countries Family and community support are crucial factors in wealth in South American countries. 1
25 money Unbanked communities in developing countries In unbanked communities in developing countries, money is often stored in physical cash and transferred through informal community networks or money agents. 1
26 money Vanuatu In Vanuatu, traditional exchange systems and bartering are prevalent, and there is less dependence on physical currency. 1
27 money financial trading centers The culture of financial trading centers highly values financial success and wealth accumulation. 1
28 money historical agrarian societies In historical agrarian societies, money was not the primary medium of exchange, with trade and barter being more common. 1