Primary markets are large and important,while secondary markets are smaller and less important.

Question

Quizplus · Accepted Answer

This statement is false. Primary markets refer to the market where new securities are issued and sold for the first time, while secondary markets refer to the market where securities that have already been issued are traded among investors. Both markets are important in their own ways, with primary markets providing companies with a source of capital and secondary markets providing liquidity for investors to buy and sell securities.

Primary Markets Are Large and Important,while Secondary Markets Are Smaller