What's the stock market? (where many people with suits are walking around and waiting for something?)?
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04-04-2014, 04:14 AM
Post: #6
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The stock market is kinda like the professional way of gambling. Companies have these things called shares,. Common people can buy these shares, meaning that they own a small part of the company. Or a stock. When the value of the company rises, the amount people can buy the stocks at rises. If a person bought a stock for cheap, but waited until the company became more successful, then that person could sell the stock for a lot more than he bought it for.
The people holding the tickets are holding proof of their stock. The screens show how much they can sell their stocks for different companies. The stock market does affect you. It affects all of America's economy in a way. For example, the Great Depression was caused in a large part to the stock market failing. |
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What's the stock market? (where many people with suits are walking around and waiting for something?)? - 108 - 04-04-2014, 03:26 AM
[] - Audrey - 04-04-2014 04:14 AM
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