Introduction to Business
Date: 11-07-2009
Business Case 1
larger today being know as the NYSE. The United States government known then as
began to raise money by issuing stocks.
four large merchants . In 1800 there was a rapid growth because companies needed
the money to due to a new demand. Analyzing history the stock market was
becoming increasingly beneficial to both the investors and the companies. By 1900
stocks were traded on the street market.
In 1911 the New York Crubmarket is created with a constitution that sets higher
brokerage and listing standards. In 1921 the stock market moved indoors. The Industrial
Revolution brought a lot of speculation into stock market. Speculation such as when to
buy and sell stock increased a lot during the revolution. In 1929 the stock market
over a period of five days had prices decline in common stocks. The crash contributed
to the great depression which affected industrialized and nonindustrial companies. In
1950 the American stock exchange started to use radio to broadcast stock prices.
while several others were rescued through government intervention or acquisitions by
Which did not allow people to borrow money or invest in the stock market with the
expectation of making more money.
When you start from the beginning of the start market until today the stock market has
changedsignificantly. For instance, stocks in early days were traded on the street, now
they are traded inside amongst people working computers. In addition stock news was
spreadby mouth, then radio, and now with television and the internet. All in all the
stockmarket has made the world come together and also fall apart. Just like everything
elsewhat goes up must come down however the stock market does this over and over.
Bibliography:
Web site
http:// www.stockmarketinvestinginfo.com/smi_history.html.