Course Hero Logo

D the capitalist financial systems big business is

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 3 out of 5 pages.

D. The capitalist financial system’s big business is central to the world’s present economicsystem. Since the 1990s, there has been no other system competing with it. Thus, people who wantto increase their assets must learn how it works, and will decide to participate in the system at somepoint in their lives.The strongest, best-established companies are known as ‘Blue chips’. The world of the casinogave it the name Blue chips, where they are those with the highest value. The other term –‘secondary issues’ are shares in solid companies. These have slightly low confidence than the bluechips. “Growth stocks” are shares in newer companies that are supposed to do quite well in the timeto come, but which may not do so. Finally, there are the “penny shares”, which belong to companieswith a low value, but which may increase for some reason or the other.E. Companies normally start out by being privately owned. Later when they expand, theowners may opt to go ‘public’ and sell some shares on the stock market. There are strict rules of
going public, the company must be worth buying. The advantage to the original owners is that theycan realise very large sums of cash if the offering is successful.However, some owners prefer to keep control in their hands by staying private, while othersmay buy back all company shares and return the company to private ownership. Taking a stockmarket listed company back into private ownership is though rare, but when it is done the aim isusually to strengthen control over decision-making process. For instance, business tycoons maydecide they can do a better job of building the business by making a company private because thered tape and other shareholders interference is much less.Which paragraph contains the following information ?Write the correct letter, A-E. Also, you may use any letter more than once.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 5 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Winter
Professor
N/A
Tags

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture