Stock Options Have Been Traded on Exchanges Since

question 32

Multiple Choice

Stock options have been traded on exchanges since:

• A)The founding of the New York Stock Exchange
• B)Options were discovered in 1946
• C)The early part of the 1970s
• D)Just before the stock market crash in 1987

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Definitions:

Vicious Circle

A complex chain of negative events that reinforce each other, often leading to a deteriorating situation.

Poverty

The state of being extremely poor, where individuals lack the financial resources to meet basic living needs such as food, clothing, and shelter.

Capital Accumulation

The growth in wealth or assets of an entity or nation through investment, savings, or reinvestment of profits.

Technological Advance

The process of developing new technologies or improving existing ones, leading to increased efficiency, new products, or capabilities.