Lesson 7
What Are Stock Markets?

The lesson introduces conditions necessary for market economies to operate. Against this background, students learn concepts and background knowledge?including primary and secondary markets, the role of investment banks, and initial public offerings (IPOs)?needed to understand the stock market. The students also learn about different characteristics of major stock markets in the United States and overseas. In a closure activity, students match stocks with the market in which each is most likely to be traded.


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