What is the market called that facilitates the sale of shares between individual investors? a. Primary b. Initial c. Inside d. Secondary e. Proxy
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The Deep Dive
The market you're thinking of is known as the secondary market, where investors buy and sell shares among themselves after those shares have been issued in the primary market. It's like a bustling marketplace where individual investors get to trade stocks, leading to price discovery and liquidity. Historically, the concept of a secondary market can be traced back to the late 17th century when stock exchanges began to emerge in major cities like Amsterdam and London. It evolved over time, transforming how investors interact and paving the way for modern financial markets, complete with electronic trading and global access!
