True or false: The financial markets are a relatively new technological development created in the last 50 years.
The financial markets are a relatively new technological development created in the last 50 years
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True or false: The financial markets are a relatively new technological development created in the last 50 years.
False. The financial markets have been around for centuries, with their origins tracing back to the medieval period when merchants and traders began to exchange goods and debts. While technology has significantly influenced and transformed financial markets in the last 50 years, their basic concepts and structures are much older.