ABSTRACT
M. Housel provides an overview of typical attitudes and behaviors relating to the acquisition and uses of money in relatively affluent cultures. Typical readers and users of this set of exercises will usually be familiar with systems of money and credit similar to those in the United States as well as investing and saving. Informal economies outside of the ordinary channels of exchange develop under poverty conditions, in the United States as well as elsewhere. Economic sociology reveals many other ways in which the perception of money and wealth is conditioned by culture, including gender factors. Depending on the experience of the group, some basic familiarization with money economies compared with barter economies might be advised at the start. Simulate a susu collective money pool; use play money or chips, and set up a market with desirable goods to buy at local prices depending on the culture or region.
