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How does the stock market work? - Oliver Elfenbaum

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Channel: TED-Ed
Categories: Economics   |   Society / Culture   |   Social Science  
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Download a free audiobook version of "The Richest Man in Babylon" and support TED-Ed's nonprofit mission: https://adbl.co/2GVBdZF

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In the 1600s, the Dutch East India Company employed hundreds of ships to trade goods around the globe. In order to fund their voyages, the company turned to private citizens to invest money to support trips in exchange for a share of the profits. In doing so, they unknowingly invented the world’s first stock market. So how do companies and investors use the market today? Oliver Elfenbaum explains.

Lesson by Oliver Elfenbaum, directed by Tom Gran & Madeleine Grossi.

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