Why was there a need for the stock market?

Billions of shares trade every day, Millions of companies listed across the globe. Stock market is considered to be the wealth creator in the world.

We were doing this before we had stock markets, but it was in small scale. Stock market is very important to the country as it ensures access to the capital to the companies listed on them or it would have been a tough task funding operations. It also allows small Investors/traders like us to participate and benefit of them.

One of the primary misconceptions about the stock market is that it is just a gambling casino. While some people and institutions have treated it like that, many others have treated it responsibly and made great profits through the years, and in the process kept thousands of companies well-funded and operating smoothly.

Hope it helped :)