THE STOCK MARKET: HOW IT STARTED

From its humble origins of the ______ the stock market in America has grown to be a financial force in the world today.

1700s

Some of the stocks offered were __________ to be put in the NYSE ® , so a brisk business was running outside on the curb of the street.

not good enough

Mark the boxes that are TRUE.

true: In the early days of our nation, the Colonial Government was looking for a way to finance its wartime operations, so it sold bonds. Traders would meet on what was once a farmer's market area known as Wall Street in New York. In addition to bonds, the banks sold little parts of their banks to whomever had the money and the desire to own a share in the business. false: The Belgium Stock Exchange began with a handful of men standing in front of a buttonwood tree near the Trinity Church in East Manhattan after the American Revolution. If a person bought a bond, they received a paper for a certain weight of gold.

A unit of the equal parts of the capital stock divided by a corporation is called a

share

The very first stock exchange was created in 1531 in Antwerp, Belgium.

true

American stock exchange bond curb trading industrial revolution new York stock exchange share stock exchange wall street

The formal name of the curb traders; the AMEX, as it is known, began in 1908. Certificate guaranteed that the original investment will be paid with interest at a specified date. Trading which began on the street curb because the NYSE turned down certain stocks. Growth in America in mid-19th century; emphasis moved from farming to manufacturing. The largest of all American stock exchanges, created in 1792. A unit of the equal parts of the capital stock divided by a corporation. A place where financial securities are bought and sold. Where the New York Stock Exchange originated; still the meeting place of the NYSE