The Stock Market, or concept of it, has been around since the 12th century. The courtiers de change were concerned with managing and keeping track of the debts of different agricultural communities. Those men also traded with debt and were viewed as the first noted brokers.
In the middle of the 13th century, brokers from Venice began the process of trading in government securities. The spread of the process of trading securities and bonds. Moving forward to the 17th and 18th centuries, the Dutch pioneered several financial endeavors and helped lay the foundation for the modern-day stock market. The Dutch East India Company became the first company to deal with bonds and shares of stock in the public. They played a sizeable role in the funding of the colonization and journey of the Americas.
The stock market is one of the most critical ways to raise money, along with debt markets that do not play in the public market. Businesses or portions of companies can be bought, sold, or traded. History has proven that stocks’ price is an integral part of the dynamic of economic activity and can be a thermometer for the current social mood. For example, rising share prices are closely associated with an increase in business investment.
The recent Global Financial Crisis has caused an increase in the security and scrutiny of how much the stock market affects the global climate. There are currently stock markets in every developing and developed countries across the globe.