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Download a free audiobook version of "The Richest Man in Babylon" and support TED-Ed's nonprofit mission: https://www.audible.com/ted-ed Check out our full book recommendation: https://shop.ed.ted.com/products/the-richest-man-in-babylon -- In the 1600s;the Dutch East India Company employed hundreds of ships to trade goods around the globe. In order to fund their voyages;the company turned to private citizens to invest money to support trips in exchange for a share of the profits. In doing so;they unknowingly invented the world’s first stock market. So how do companies and investors use the market today? Oliver Elfenbaum explains. Lesson by Oliver Elfenbaum;directed by Tom Gran & Madeleine Grossi. Sign up for our newsletter: http://bit.ly/TEDEdNewsletter Support us on Patreon: http://bit.ly/TEDEdPatreon Follow us on Facebook: http://bit.ly/TEDEdFacebook Find us on Twitter: http://bit.ly/TEDEdTwitter Peep us on Instagram: http://bit.ly/TEDEdInstagram View full lesson: https://ed.ted.com/lessons/how-does-the-stock-market-work-oliver-elfenbaum Thank you so much to our patrons for your support! Without you this video would not be possible! Lâm Nguyễn;Uirá Maíra Resende;Sebastiaan Vleugels;Adam Foreman;Jeremy Shimanek;Bethany Connor;Vivian & Gilbert Lee;Maryam Sultan;Peng;Tzu-Hsiang;Gabriel Balsa;Shafeeq Ansari;Norbert Orgován;Dowey Baothman;Amer Harb;Courtney Thompson;Guhten;Jordan Tang;Juan;Sid;Tracey Tobkin;emily lam;Kathryn J Hammond;Elliot Poulin;Noel Situ;Oyuntsengel Tseyen-Oidov;Latora Slydell;Sydney Evans;Victor E Karhel;Bernardo Paulo;Eysteinn Guðnason;Andrea Feliz;Natalia Rico;Josh Engel;Bárbara Nazaré;Gustavo Mendoza;Zhexi Shan;Hugo Legorreta;PnDAA;Sandra Tersluisen;Ellen Spertus;Fabian Amels;sammie goh;Mattia Veltri;Quentin Le Menez;Yuh Saito;Heather Slater;Dr Luca Carpinelli;Janie Jackson;Christophe Dessalles and Arturo De Leon.;TED-Ed;https://www.youtube.com/watch?v=p7HKvqRI_Bo