Questions: Money is a technology. True False

The answer is True.

Money can be considered a technology because it is a tool or system created by humans to solve specific problems related to trade and economic exchange. Like other technologies, money has evolved over time to become more efficient and effective in facilitating transactions. It serves as a medium of exchange, a unit of account, and a store of value, which are essential functions in any economy. The development of money, from barter systems to coins, paper currency, and now digital forms, illustrates its technological nature.

This option would suggest that money is not a technology, possibly viewing it as merely a social construct or an economic concept without technological attributes. However, this perspective overlooks the fact that money, in its various forms, has been developed and refined through human innovation to address the challenges of trade and economic interaction, much like other technologies.