How would owr standard of living be different.
2007-12-10 23:00:30 · 4 answers · asked by Anonymous in Social Science ➔ Economics
The stock market adds value and efficiency to corporate investment by making investments liquid, but start up capital and much of the funds needed for expansion is still provided by individuals, bank loans, or private investment groups. Without the stock market we would still be an industrialized country, but with a little lower standard of living.
2007-12-11 00:16:29 · answer #1 · answered by meg 7 · 0⤊ 0⤋
There would be no trade, no financial markets and no car loans
2007-12-10 23:07:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It just won't happen. This is a meaningless hypothetical question.
Just forget it. You are wasting every one's time.
2007-12-11 00:02:38 · answer #3 · answered by Nightrider 7 · 0⤊ 1⤋
america would be nothing..and so say all off us...
2007-12-10 23:06:57 · answer #4 · answered by earthman 2 · 0⤊ 0⤋