Money is primarily an exchange for goods and services. In order for money to work properly, individuals and businesses in a country must be willing to receive it as payment for goods and services, but that notion is gradually going down the drain as many people want to make money on a quick basis not minding the means the money comes. When money losses it's value, the product or service also losses it's value
The power to recognize foreign nations is best categorized as part of the role of head diplomat, although lots of this responsibility falls to the Secretary of State.
The first Great Awakening created democracy in the churches. The authority of church leaders was challenged individuals were encouraged to interpret the Bible for themselves.