How has technology&e business impacted the stock market?
The stock market has always been influenced by the pace of business. When the industrial revolution hit in the 19th century, the pace picked up considerably. The advent of Internet technology and e-business increased the pace exponentially, and continues to do so.Greater AccessibilityNot long ago, it was impossible to trade on the stock market without a stock broker, and it wasn’t worth retaining one of those unless you were ready to invest some serious money. Online stock trading sites have now made it possible for just about anyone to invest just about any amount of money.Business BoomE-business has made it possible for a lot more people to become entrepreneurs, whereas prior to those technological advances, the cost of entry was too high for most. The huge increase in the number of active and successful businesses has resulted in a lot of growth in the stock market.Business ProductivityTechnology in general and e-business in particular has brought a lot of increased productivity to
That’s true. Nowadays, it’s way easier to invest in something, and more people decided to get into crypto to have a source of additional income. I’m not an exception because I trade crypto on Bitcode AI website, and I can tell you that it’s pretty profitable, so I get why people have been so into crypto trading lately.