Stock exchange
A stock exchange, share market or bourse is a place where people meet to buy and sell shares of company stock. Some stock exchanges are real places (like the New York Stock Exchange), others are virtual places (like the NASDAQ).
International Stock Exchanges
changeThe most important stock exchanges in the world include:
- American Stock Exchange
- Baku Stock Exchange
- Bombay Stock Exchange
- Euronext
- Frankfurt Stock Exchange
- Helsinki Stock Exchange
- Hong Kong Stock Exchange
- Johannesburg Securities Exchange
- London Stock Exchange
- Luxembourg Stock Exchange
- Madrid Stock Exchange
- Milan Stock Exchange
- Nairobi Stock Exchange
- NASDAQ
- National Stock Exchange
- New York Stock Exchange
- National Stock Exchange of Pakistan
- São Paulo Stock Exchange
- Korea Stock Exchange
- Shanghai Stock Exchange
- Singapore Exchange
- Stockholm Stock Exchange
- Taiwan Stock Exchange
- Tokyo Stock Exchange
- Toronto Stock Exchange
- Zürich Stock Exchange
Great depression
changeOn October 29, 1929, the American stock market crashed on what is known as Black Tuesday. A "crash" means that the prices of stock were lowered greatly, and no one wanted to buy it. Instead, they sold the stock for cheap prices. Also, banks were trying to buy stock with people's money (stored inside the bank), so the banks ran out of money too. Because people could not get money back from banks, only a few people could afford the cost of living. This was the start of the Great Depression.
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