Factors of Production — Social Studies STD 8 — Question
CBSE BoardEnglish MediumSTD 8Social StudiesFactors of Production2 Marks
Question
What is stock market? How does it support production process?
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Answer
The stock market is a special type of market where people buy and sell shares of various large companies. Companies raise funds from public by offering them a share of profits or selling ownership. Using these funds, companies purchase advanced machines, tools, hire workers and expand their production.
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