What is the origin of the stock market?

Question by Clifton M: What is the origin of the stock market?
When our country was founded, businesses just bought and sold things using a medium of exchange. When, how and why did the stock market evolve? I may sound ignorant, but I think that a lot of people have the same question. I also think that most publicly traded companies care more about their stock price than anything else. The company that I work for posts it on their web site every day, (like it’s going to motivate employees to work hareder to make it go up). Who decides increase or decrease the stock price? Is this just an arbitrary decision, or is it scientific?

Best answer:

Answer by eaglesonaperch
this sums it up

http://www.hermes-press.com/wshist1.htm

by the way, this is where the terms ‘bull market’ and ‘bear market’ originated as well…if the tree was full of ‘bullitins’ it was known as a bull market.
when the tree was ‘bare’ it was known as a bear market.

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