Where and why did the stock market begin?

the first historical instance of china engaging in internationalism was during the han dynasty.[1] at the start of the han dynasty, the huns in the north were attacking the frontiers of han and trying to obtain riches. emperor wu of han wanted to gain an alliance with a country called dayuezhi so the two countries could join together and fight against the huns.[2] to obtain this alliance, emperor wu sent zhang qian to the west to establish economic and cultural connections.[2] history records that during the han dynasty there were four primary avenues of contact between china and europe. they included the northern land route, the central land route, the southern sea route, and the far southern sea route.[1] the most famous of these routes is the central land route, or the classical silk road, comprising a network of roads stretching from northwest china to the ports of syria and the black sea, which passed through the oasis of the turkestans and northern persia.[1] the silk road was significant for chinese emperors because it provided dominance over central asia by developing resources and provided new markets for the export of china's most valuable resources.[1]

the dissolution of the soviet union[a] occurred on december 26, 1991, officially granting self-governing independence to the republics of the soviet union. it was a result of the declaration number 142-н of the supreme soviet of the soviet union.[1] the declaration acknowledged the independence of the former soviet republics and created the commonwealth of independent states (cis), although five of the signatories ratified it much later or did not do so at all. on the previous day, december 25, soviet president mikhail gorbachev, the eighth and final leader of the soviet union, resigned, declared his office extinct, and handed over its powers – including control of the soviet nuclear missile launching codes – to russian president boris yeltsin. that evening at 7: 32 p.m., the soviet flag was lowered from the kremlin for the last time and replaced with the pre-revolutionary russian flag.[2]

previously, from august to december, all the individual republics, including russia itself, had either seceded from the union or at the very least denounced the treaty on the creation of the ussr. the week before formal dissolution, 11 republics signed the alma-ata protocol formally establishing the cis and declaring that the ussr had ceased to exist.[3][4] both the revolutions of 1989 and the dissolution of the ussr also marked the end of the cold war.

several of the former soviet republics have retained close links with the russian federation and formed multilateral organizations such as the commonwealth of independent states, eurasian economic community, the union state, the eurasian customs union, and the eurasian economic union to enhance economic and security cooperation. on the other hand, the baltic states have joined nato and th