#13000615Summarize Spoken TextAcademicMediumReal Exam Prediction

Stock Market and Business

Official Question Material
Prep: Varies

Official Audio Prompt

The stock market is where investors connect to buy and sell investments - most commonly, stocks, which are shares of ownership in a public company. When you need groceries, you go to the supermarket. When you're ready to buy stocks or mutual funds, you'll usually buy them online through the stock market, which anyone can access with a brokerage account or employee retirement plan. The term 'stock market' often refers to one of the major stock market indexes. However, there are some different uses of the stock market before and after. In the 18th century, manufacturing companies came into the market. Traditional companies used stocks to raise money, and input money into companies, while modern companies used stocks to output money. From 19th to 20th century, however, modern companies, such as Apple, Google and Microsoft are big enough to earn money, and use stocks differently. The stock market also inclined to put money into big companies.

Sample Answer & Audio Transcript

The stock market is where investors connect to buy and sell investments - most commonly, stocks, which are shares of ownership in a public company. When you need groceries, you go to the supermarket. When you're ready to buy stocks or mutual funds, you'll usually buy them online through the stock market, which anyone can access with a brokerage account or employee retirement plan. The term 'stock market' often refers to one of the major stock market indexes. However, there are some different uses of the stock market before and after. In the 18th century, manufacturing companies came into the market. Traditional companies used stocks to raise money, and input money into companies, while modern companies used stocks to output money. From 19th to 20th century, however, modern companies, such as Apple, Google and Microsoft are big enough to earn money, and use stocks differently. The stock market also inclined to put money into big companies.
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