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WHERE DID THE NEW YORK STOCK EXCHANGE START? A. Near a government building B. Near a buttonwood tree C. In a rented building in Boston D. In a large trading organizationWHAT TYPE OF INVESTMENTS WERE FIRST TRADED AT THE NEW YORK STOCK EXCHANGE? A. Mostly stocks B. Mostly bonds C. Both stocks and bonds D. Gold and silverWHAT IS A REASON THE NEW YORK STOCK EXCHANGE BEGAN TO TRADE MOSTLY STOCKS? A. The rise of canals and railroads that promised higher returns. B. The NYSE kicked out all bond traders. C. The government stopped issuing bonds. D. Stocks became less popular.WHY DID INDUSTRIAL COMPANIES START SELLING SHARES TO THE PUBLIC? A. Because they didn't need money to grow their businesses. B. Because they were patriotic and wanted to support American investors. C. It was the cheapest way to fund their growth. D. Because they didn't want to deal with banks.WHAT IMPORTANT ECONOMIC EVENT HAPPENED AT THE NEW YORK STOCK EXCHANGE? A. The Great Recession. B. The signing of the North American Free Trade Agreement. C. The introduction of the Euro. D. Japanese asset price bubble.

Question

WHERE DID THE NEW YORK STOCK EXCHANGE START? A. Near a government building B. Near a buttonwood tree C. In a rented building in Boston D. In a large trading organizationWHAT TYPE OF INVESTMENTS WERE FIRST TRADED AT THE NEW YORK STOCK EXCHANGE? A. Mostly stocks B. Mostly bonds C. Both stocks and bonds D. Gold and silverWHAT IS A REASON THE NEW YORK STOCK EXCHANGE BEGAN TO TRADE MOSTLY STOCKS? A. The rise of canals and railroads that promised higher returns. B. The NYSE kicked out all bond traders. C. The government stopped issuing bonds. D. Stocks became less popular.WHY DID INDUSTRIAL COMPANIES START SELLING SHARES TO THE PUBLIC? A. Because they didn't need money to grow their businesses. B. Because they were patriotic and wanted to support American investors. C. It was the cheapest way to fund their growth. D. Because they didn't want to deal with banks.WHAT IMPORTANT ECONOMIC EVENT HAPPENED AT THE NEW YORK STOCK EXCHANGE? A. The Great Recession. B. The signing of the North American Free Trade Agreement. C. The introduction of the Euro. D. Japanese asset price bubble.

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Solution

  1. The New York Stock Exchange started near a buttonwood tree.

  2. The first investments that were traded at the New York Stock Exchange were mostly stocks.

  3. The New York Stock Exchange began to trade mostly stocks due to the rise of canals and railroads that promised higher returns.

  4. Industrial companies started selling shares to the public because it was the cheapest way to fund their growth.

  5. The Great Recession is an important economic event that happened at the New York Stock Exchange.

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