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The Stock Exchange is the unique building of the English civilization.


Compared to the Bank which it replaces, the Stock Exchange gives an extra +15% Coins (Civ4) to the city it is built in.

Civilopedia entry[]

At the risk of dramatic oversimplification - a stock exchange is an organization which allows "brokers" to buy and sell "stocks" and "bonds." A stock represents part ownership in a company, and a bond is a loan to a company, which the company guarantees to repay with interest. If the company does well, the investors make money; if the company does poorly (or fails entirely) the investors lose money.

The primary benefit of a stock exchange to society is that it allows companies to concentrate a large amount of wealth to accomplish something that no individual (or perhaps government) would be able to afford. In the nineteenth century, for example, construction of the United States' railroad network was in large part financed by individuals who purchased shares of railroad companies. Earlier in history, the great British and Dutch trading companies were similarly financed.

For a long period of history, the English city of London was the financial center of the world. The London Stock Exchange is one of the largest exchanges in the world, as well as one of the oldest. Though officially founded in 1801, it can trace its origins to the late seventeenth century, when - the brokers having been expelled from the Royal Exchange for rowdiness - buying and selling stocks took place in London coffee houses.


See also[]

Civilization IV Buildings [edit]
Academy Airport Aqueduct (BarayB HammamW) Bank (Stock ExchangeW) Barracks (IkhandaW) Bomb Shelter Broadcast Tower Bunker Castle (CitadelW) Cathedral (Buddhist Stupa Christian Cathedral Confucian Academy Hindu Mandir Islamic Mosque Jewish Synagogue Taoist Pagoda) Coal Plant (Shale PlantW) Colosseum (Ball CourtB GardenB OdeonW) Courthouse (RathausB Sacrificial AltarW ZigguratB) Customs HouseB (FeitoriaB) Drydock Factory (Assembly PlantW) Forge (MintW) Granary (TerraceW) Grocer (ApothecaryW) Harbor (CothonW) Hospital Hydro Plant Industrial ParkB Intelligence AgencyB Jail (MausoleumW) Laboratory (Research InstituteW') LeveeB (DikeB) Library (MadrassaW) Lighthouse (Trading PostW') Market (ForumW) Military Academy Monastery Monument (ObeliskW SteleB Totem PoleB) Nuclear Plant Observatory (SalonW) Public TransportationB Recycling Center Scotland Yard Security BureauB Stable (GerW) Supermarket (MallW) Temple Theatre (HippodromeB PavilionW) University (SeowonW) Walls (DunW)
W Added in WarlordsB Added in Beyond the Sword