Introduction to Financial Markets

Front

What is a market?

Back

A place where people buy and sell things.

Front

What are the two main actors in a market?

Back

Supply and demand.

Front

What is supply?

Back

The willingness to sell a product.

Front

What is demand?

Back

The willingness to buy a product.

Front

What is a monopoly?

Back

A market with one producer and unlimited demand.

Front

What is a duopoly?

Back

A market with two suppliers.

Front

What is perfect competition?

Back

A market with unlimited supply and unlimited demand.

Front

What is mercantilism?

Back

A policy to maximize a country's exports.

Front

What is a bond?

Back

A promise to pay back money.

Front

What is an IPO?

Back

An Initial Public Offering to sell shares.