How Many Chords Do I Need to Learn?

You may know that a chord is a little arrangement of your fingers pressing down on the strings of the guitar. Further, you may have heard guitar playing friends throw around many names of chords, such as ?C major, D minor, E seventh, and F suspended flat five?. ?How many of these things will I have to learn?? you ask yourself in dismay, for the prospect seems daunting. Fear not! With only a baker?