The Stock Exchange

"The Stock Exchange" by Charles Duguid is a book that explains how the stock market worked in the early 1900s. The book breaks down the complicated world of buying and selling stocks so that regular people can understand it. Duguid, who worked as an editor covering business news, uses simple language to explain what the Stock Exchange is for, how it's set up, and who is involved. At the beginning, the text makes it clear that the Stock Exchange is a really important place where people trade stocks, and that it has a big impact on the world's economy. Duguid looks at all the different meanings of the Stock Exchange, describing it as both a place to trade and an important hub for global money matters. He also describes the different people who work in the market, like brokers and jobbers, and how they trade in this unique environment. Essentially, the beginning gives you the basics for understanding how important the Stock Exchange is and how it works, getting you ready for more detailed explanations later on.