Why do we’ve the stock market?

Like, what's the point? Why is it necessary?
sorry if this is an ignorant question!

---

Answer:
Hi. Great question. You can call it Stock Market. Either one is correct. Think of all the business's that come to your mind. They are the stock market. Let's state you win the Lotto, well you can purchase the things you want & pay off your bill's after that you would probably have money left over so you would put some in a checking account/savings account/CD's. Then after you put your money in the different part of the banks you could to a stock broker who would advocate how much money to put into the different companies that are the stock market, so when your companies are doing well so are you, you’re part owener
of any company you put your money in. There is more to it but that is the basics. Peace

---

Answer:
Cause then ppl can invest in companies who then can use the money those ppl invested in them to improve their company so then ppl get a profit off of the company's profit and the company also gets more profit because of how they used the investments to improve their company.

---

Answer:
The stock market is there to provide an avenue for people to own a company without the responsibilities that come with a business.

---

Answer:
It helps the efficiency of capital markets and thus reduces risk and the cost of capital if there is a central place where buyers and sellers can meet.