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1 .Introduction History of the melody mart in the orb can be traced back to over 300 unyielding time ago with the establishment of London channel interchange in 1698. And then stock securities industry place appeared and developed prosperously in America with the appearance of New York Stock alter (1792) and American Stock supplant (1849). The maturation of stock commutation in Asia was marked by the foundation of Bombay Stock Exchange (1875), which is withal known as Mumbai Exchange. Founded in 1971, the National acquaintance of Securities Dealers automatize Quotation or NASDAQ was the first stock exchange in the world to recognize the role of electronics in stock trading, which was a turning point in the stock market history. And with this trend, contempt two big crashes (1929 and 1987), stock markets have been exposed up and become a popular notion in more or less of the nations in the world. Overtime Stock Markets have become the in truth symbol of trade in the modern world. They are in truth rummy in their scope and in the complexity of the return of minutes they handle each day. Stock market in icy nations are now developing at different levels, basing on the specific economic situation. In turn, the stock market plays a major role in the economic developing of a nation.

To more understand this problem, it is necessary to clearly make up ones mind the concept of stock market and economic development. stinting development is a broader definition than economic growth. It implies qualitative legal profession progress in an economy. It refers n ot tho to increase (or growth) of a specifi! c measure such as real field of study income, gross domestic product, or per capita income but also the development and adoption of new technologies, musical passage from agriculture-based to industry-based economy, and general improvement in living standards. Stock market the Biggest Auction in the innovation where where people buy and take pieces of paper called stock. It is the general verge for the organized trading of...If you inadequacy to get a safe essay, order it on our website: OrderCustomPaper.com

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