History of the stock market
Filled with stories and legends, the history of economic development has always fascinated people. From ancient civilizations to modern prosperity, the evolution of economic systems and markets is a tale worth telling. The story begins with the emergence of the first stock exchange in the world in Antwerp, Belgium in 1531. However, it was the East India Company with its rich history and significant impact on the economy that truly shaped the course of economic history. The old trading posts paved the way for the birth of modern corporations, leading to the rise and fall of major players in the economic landscape. From financial bubbles to market crashes, such as the South Sea Bubble in Britain in 1720, the history of stock exchanges is a rollercoaster of success and failure. The birth of the Philadelphia Stock Exchange in 1790 marked a turning point in investment history, followed by the establishment of stock exchanges in Europe and America, ultimately shaping the global economy as we know it today.