The Living City, 1970, part 6 - The London Stock Exchange

The video discusses the impact of international financial fluctuations, particularly how changes in bank rates affect stock market prices. It highlights the history and significance of the Stock Exchange, built in 1854, and its motto, 'my word is my bond,' emphasizing verbal transactions. The Stock Exchange, along with other financial institutions, plays a crucial role in global finance. Lloyd's of London is introduced as the world's leading insurance organization, making the city a hub for international insurance.

What immediate effect does a change in bank rate have?

• It affects the housing market.

• It influences stock market prices.

• It alters currency exchange rates.

• It impacts international trade agreements.

When was the Stock Exchange originally built?

• 1854

• 1800

• 1900

• 1920

What is the motto of the Stock Exchange?

• Unity in Diversity

• In God We Trust

• Knowledge is Power

• My word is my bond

Which of the following is NOT mentioned as a household word throughout the world?

• The New York Stock Exchange

• The Bullion Market

• The Baltic Exchange

• The Perdition Insurance Association

What makes the city the heart of international insurance?

• The city's historical landmarks

• The city's diverse population

• The city's advanced technology infrastructure

• The presence of Lloyd's of London and other insurance entities