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What Is Money? What Are the Three Definitions of Money

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What is money? What are the three definitions of money in the United States?


Definitions:

Mirror-Image Perceptions

The tendency to see oneself, especially in conflicts, as the opposite of how one sees the other party, usually viewing oneself positively and the other negatively.

Deindividuation

A psychological state characterized by reduced self-awareness and decreased personal responsibility, often occurring in group settings.

Superordinate Goals

Shared goals that can only be achieved through cooperation among individuals or groups, often used to overcome intergroup conflict.

Mechanical Device

An apparatus or tool that performs a specific function through the application of mechanical principles.

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