History Of Stock Market

in #sharelast year (edited)

stock.jpg
The history of the stock market can be traced back to the 17th century when the first stock exchange was established in Amsterdam, the Netherlands. This exchange was created to trade shares of the Dutch East India Company, which was the world's first publicly traded company.

Over time, stock exchanges began to emerge in other countries, such as England and France, and the market continued to grow and evolve. The Industrial Revolution of the 18th and 19th centuries led to the creation of many new companies, which further increased demand for stocks.

In the United States, the New York Stock Exchange (NYSE) was founded in 1792 and quickly became the country's most important exchange. During the 20th century, the stock market became increasingly accessible to individual investors, thanks to advances in technology and the rise of mutual funds.

The stock market has experienced several major ups and downs throughout history. The most famous crash occurred in 1929 when the stock market crashed, leading to the Great Depression. More recently, the dot-com bubble burst in the early 2000s and the 2008 financial crisis caused another major downturn in the market.

Despite these setbacks, the stock market has generally been a reliable source of long-term growth for investors. Over the past century, the stock market has returned an average annualized return of around 10%, although there have been periods of volatility and uncertainty.

Today, the stock market continues to be an important part of the global economy and a key source of investment for individuals and institutions alike.

Sort:  
Loading...

Coin Marketplace

STEEM 0.21
TRX 0.14
JST 0.030
BTC 67873.49
ETH 3528.53
USDT 1.00
SBD 2.80