Best Answer: <span> The value of a company on the stock market affects the financial stability of a company to some extent. A person working for a company whose value plummets might be out of a job. Conversely, a company whose value rises might higher more people.
The stock market affects the economy to a limited extent. The steep drop in the U.S. stock market in 2001 caused a recession in the U.S. </span>
The stock market has positive and negative influences on people's finances. For example, in a rising stock market, with a good economy, people will tend to spend more money because they feel confident. In a declining stock market, the economy is generally slower, therefore people tend to spend less money. Therefore, the stock market has a big psychological impact on consumers.
The New Jersey Plan was favored by smaller states because it gave equal representation to all states. The Virginia Plan, in contrast, distributed representation based on population, which naturally favored larger states.
