How Does It Work? Money, episode 4: How Does the Stock Market Work? (Owning a tiny piece of a company). Financial literacy for kids aged 8 to 12 and their grown-ups.

0:00 Intro
0:21 What is a share?
0:47 Amsterdam, 1602: the first stock market
1:12 Under a buttonwood tree
1:38 Why prices go up and down
2:03 Crashes, and why patience matters
2:33 Don't put all your eggs in one basket
3:04 Money words recap

Money words in this episode: Share, Stock exchange, Broker, Supply and demand, Risk, Index fund

All episodes: https://howdoesitwork.fullstackpartner.com

Image credits (Wikimedia Commons):
"YOUNGSTER MANS A ROADSIDE STAND SELLING SQUASH, CUCUMBERS AND LEMONADE ON SIMS ROAD AND GEORGIA HIGHWAY 356 AT... - NARA - 557757.jpg" by Al Stephenson, Public domain, https://commons.wikimedia.org/wiki/File:YOUNGSTER_MANS_A_ROADSIDE_STAND_SELLING_SQUASH,_CUCUMBERS_AND_LEMONADE_ON_SIMS_ROAD_AND_GEORGIA_HIGHWAY_356_AT..._-_NARA_-_557757.jpg
"Lemonade - 27682817724.jpg" by HarshLight, CC BY 2.0, https://commons.wikimedia.org/wiki/File:Lemonade_-_27682817724.jpg
"BayouBoogaloo2010FoodBoothsLemonade.JPG" by Infrogmation of New Orleans, CC BY 3.0, https://commons.wikimedia.org/wiki/File:BayouBoogaloo2010FoodBoothsLemonade.JPG
"20220525.Amsterdam.-028.jpg" by Bybbisch94, Christian Gebhardt, CC BY-SA 4.0, https://commons.wikimedia.org/wiki/File:20220525.Amsterdam.-028.jpg
"Robert Dodd - The East Indiaman Delaford, in two positions (1787).jpg" by Robert Dodd, Public domain, https://commons.wikimedia.org/wiki/File:Robert_Dodd_-_The_East_Indiaman_Delaford,_in_two_positions_(1787).jpg
"Michiel Jansz van Mierevelt - Johan van Oldenbarnevelt.jpg" by Workshop of Michiel Jansz. van Mierevelt, Public domain, https://commons.wikimedia.org/wiki/File:Michiel_Jansz_van_Mierevelt_(atelier)_-_Johan_van_Oldenbarnevelt.jpg
"New York Stock Exchange Facade 2015.jpg" by Jeffrey Zeldman from Manhattan, USA, CC BY 2.0, https://commons.wikimedia.org/wiki/File:New_York_Stock_Exchange_Facade_2015.jpg
"Wall Street (55314253740).jpg" by Ajay Suresh, CC BY 4.0, https://commons.wikimedia.org/wiki/File:Wall_Street_(55314253740).jpg
"New York Stock Exchange 1882.jpg" by Hughson Hawley (illustrator). Charles Hart, Lith., 36 Vesey Street, New York (pu, Public domain, https://commons.wikimedia.org/wiki/File:New_York_Stock_Exchange_1882.jpg
"Berckheyde, Job Adriaensz.—Binnenplaats van de Oude Beurs te Amsterdam na 1668—c.1670—Museum Boijmans Van Beuningen—1043 (OK)—WD item Q19924911.jpg" by Job Adriaenszoon Berckheyde, Public domain, https://commons.wikimedia.org/wiki/File:Berckheyde,_Job_Adriaensz.%E2%80%94Binnenplaats_van_de_Oude_Beurs_te_Amsterdam_na_1668%E2%80%94c.1670%E2%80%94Museum_Boijmans_Van_Beuningen%E2%80%941043_(OK)%E2%80%94WD_item_Q19924911.jpg
"New York Stock Exchange August 2017 02.jpg" by Arild Vågen, CC BY-SA 4.0, https://commons.wikimedia.org/wiki/File:New_York_Stock_Exchange_August_2017_02.jpg
"National Stock Exchange of India in August 2006.jpg" by No machine-readable author provided. Indianhilbilly assumed (based on copyright , Public domain, https://commons.wikimedia.org/wiki/File:National_Stock_Exchange_of_India_in_August_2006.jpg
"Crowd outside nyse.jpg" by US-gov, Public domain, https://commons.wikimedia.org/wiki/File:Crowd_outside_nyse.jpg
"Lehman Brothers Times Square by David Shankbone.jpg" by David Shankbone, CC BY-SA 3.0, https://commons.wikimedia.org/wiki/File:Lehman_Brothers_Times_Square_by_David_Shankbone.jpg
"Unemployed men queued outside a depression soup kitchen opened in Chicago by Al Capone, 02-1931 - NARA - 541927.jpg" by Unknown authorUnknown author or not provided, Public domain, https://commons.wikimedia.org/wiki/File:Unemployed_men_queued_outside_a_depression_soup_kitchen_opened_in_Chicago_by_Al_Capone,_02-1931_-_NARA_-_541927.jpg
"Eggs in basket 2020 G1.jpg" by George Chernilevsky, CC BY-SA 4.0, https://commons.wikimedia.org/wiki/File:Eggs_in_basket_2020_G1.jpg
"Warren Buffett at the 2015 SelectUSA Investment Summit (cropped).jpg" by USA International Trade Administration, Public domain, https://commons.wikimedia.org/wiki/File:Warren_Buffett_at_the_2015_SelectUSA_Investment_Summit_(cropped).jpg
"P071811PS-0254 (5951720542).jpg" by The White House from Washington, DC, Public domain, https://commons.wikimedia.org/wiki/File:P071811PS-0254_(5951720542).jpg

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