History
 

    The first European stock exchange was established in Antwerp, Belgium in 1531.  The first stock exchange was formed in England in the year 1773 by some brokers from London.  Until that time, people who wished to buy or sell shares of stock had to find a broker to transact their business.  In London, these people usually went to a coffee shop because brokers often gathered there.

    Wall street is the most popular stock market in the U.S.A.  It is located in Manhattan, New York and hundred people work there.
 
 

The Crash Of 1929
       In 1929 lots of people started to buy stocks.  Many investors came into the stock market with borrowed money. The prices of stock rose steadily as inflated market demand outpaced increases in the Capital value of businesses.  On October 29, 1929, many people tried to sell stocks at the same time.  Then the New York Stock Exchange and other stock exchanges, dropped so suddenly that it was known as the crash of 1929.  Many people lost a lot of money.
 
 
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