A brief history of the Global Markets
Markets are the natural result of human activities and the economy. We have created them as a natural place to trade and commerce. As human activities grew and expanded, so did market types, size and complexity.
The arrival of money enabled people to accumulate wealth in the form of coins of gold, silver, and copper. It also brought the possibility to borrow and lend money from/to others.
The first known “bankers”, around 2000 BC in India, Assyria, and Sumeria were the merchants of their country, who made grain loans to farmers and traders carrying goods between towns.
The emergence of capitalism and the stock markets let people acquire shares or Stocks from companies for the dividend: the share of earnings that was distributed between shareholders. Also, government agencies and companies in need to finance their operations emitted debt in the form of a bond.
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