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Showing posts with label Exchange. Show all posts
Showing posts with label Exchange. Show all posts

Sep 24, 2019

[Answer] 1. Before money was invented, people used a different process to exchange goods and services. What is this system of trading called?

Step 1 : Introduction to the question "1. Before money was invented, people used a different process to exchange goods and services. What is this system of trading called?"



...1. Bart 'n' Mart 2. Barter 3. Quid pro quo 4. K-Mart Bartering is trading goods and services without money. This system of exchange may very well date back to the early pre-history of humankind. This system is not unknown today. For example, in many school playgrounds articles are swapped.

Sep 2, 2019

[Answer] Where is the world's oldest stock exchange?

Step 1 : Introduction to the question "Where is the world's oldest stock exchange?"



...1. New York 2. Amsterdam 3. London 4. Berlin

Apr 7, 2019

[Ans] What was the first company traded on the New York Stock Exchange?

Step 1 : Introduction to the question "What was the first company traded on the New York Stock Exchange?"



In 1792, The Bank of New York, founded by Alexander Hamilton, became the first stock listed on the New York Stock Exchange. The original company whose shares traded as The Bank of New York in 1792 is now the Bank of New York Mellon and is still fully operational in Manhattan. This bank traces its roots back to Alexander Hamilton, who wrote the bank's constitution. The bank provided the U.S. government its first loan in 1789. The loan was orchestrated by Hamilton, then Secretary of the Treasury, and it paid the salaries of United States Congress members and President George Washington.

[Answer] What was the first company traded on the New York Stock Exchange?

Step 1 : Introduction to the question "What was the first company traded on the New York Stock Exchange?"



...In 1792, The Bank of New York, founded by Alexander Hamilton, became the first stock traded on the New York Stock Exchange. The original company whose shares traded as The Bank of New York in 1792 is now the Bank of New York Mellon and is still fully operational in Manhattan. This bank traces its roots back to Alexander Hamilton, who wrote the bank's constitution. The bank provided the U.S. government its first loan in 1789. The loan was orchestrated by Hamilton, then Secretary of the Treasury, and it paid the salaries of United States Congress members and President George Washington.