The Origins of the Stock Market


The stock market is an important aspect in our lives. However, this complicated system has roots in medieval society. The first known example of a stock market came when Indian traders did not have the money to make long trading routes. Wealthy individuals would invest in the trading companies and get a share of the profits. These ancient traders accidentally started the oldest known origins of the stock market. Since then, the stock market has been growing exponentially.

The stock market plays a critical role in our lives. It is so important that if the stock market crashes, it can potentially cause a global economic recession. Proof of that is the stock market crash in 1929, which led to a crisis that nobody will forget today. The Great Depression that followed the crash shows just how important the stock market really is.

The stock market also helps society develop quickly. Without public investment, companies would have to rely on banks for money to expand. This can be a burden because they would have to pay back the loans with interest. However, with the stock market, companies can raise money by issuing stock shares to the public. The stock market provides a foundation for jobs and economic growth, but ultimately revolves around investment opportunities similar to those used in medieval society. 

Comments

Post a Comment

Popular posts from this blog

The Most Devious Cheat At the Olympics

Image
          In the 1976 Montreal Olympics, a Russian athlete named Boris Onischenko, or dishonest chenko was going to compete in the modern day pentathlon. Pentathletes swim, run, shoot pistols, ride horses, and fence. Onischenko won the team gold in 1972 and the single silver twice.           This would likely be Onischenko’s last Olympics, as he was already 38 years old. Many assumed he would leave the Olympic games with yet another medal, as the Russian team was fourth with their strongest skills still to come. The second day was the fencing competition, with a round robin tournament spread around 46 matches in 12 hours. The aim was to win 70% of the matches, which would award a point bonus.           The Russians played the British early that day. Onischenko beat Danny Nightingale, Adrian Parker, and then Mike Proudfoot, who called an official to inspect the Russian’s fencing equipment. The officials found nothing wrong, and said this complaint was merely “early morning jitters”. Af
Read more

Su Bingtian

Image
  Su Bingtian is the first ever Asian sprinter to break the ten second barrier on the 100 metre dash. Despite being five inches shorter than an average sprinter, his record of 6.42 seconds in the 60 metre dash is the fastest time in Asia and places him in the top five world wide. He even broke the 10 second barrier on the 100 metre dash.           Bingtian was born on the 29th of August, 1989 in the Guangdong province of China. His early career went mostly unnoticed until he obtained three straight wins in the Asian Grand Prix series in May of 2009. In 2011, he set a new Chinese record of 6.56 seconds in the 60 metre dash, and soon won the 2011 Asian Athletics Championship with a personal best of 10.21 seconds in the 100 metre dash, establishing himself as the top sprinter in China. Bingtian leading the sprint at the 2020 Tokyo Olympics semi finals for the 100 meter dash. Source For Su, 2013 started off strong with two national records in the 60 metre dash. But soon his rival, Zhan
Read more