1. Stock Market Then and Now
Along with bonds, the first of the nation's banks started to sell parts or shares of their own companies to people in order to raise money. In essence they sold off part of the company to whoever wanted to buy it, which is the essence of the modern day stock market. ... S. did not have a full recovery until after World War II in the late 1940's. ... Right now, the New York Stock Exchange has billions of dollars changing hands every day, with thousands of companies being traded, and millions of people being affected. ...
- Word Count: 337
- Approx Pages: 1
- Grade Level: High School