Near Money Means

question 160

Multiple Choice

Near money means:

• A)Money substitutes such as credit cards
• B)Chequing accounts
• C)They are not backed by gold
• D)They do not function as a medium of exchange but they serve as a store of value

---

Definitions:

Individualist Cultures

Societies that emphasize personal achievements and individual rights, often at the expense of community and collective well-being.

Collectivist Cultures

Societies that prioritize the needs and goals of the group over individual desires or ambitions, emphasizing social cohesion and interdependence.

Japanese And American Attitudes

Comparative perspective on the cultural, social, and psychological differences and similarities in attitudes between Japanese and American populations.

Happy Couples

Partners in a romantic relationship who experience a high level of satisfaction, mutual respect, and effective communication.