Final answer:
Stock represents ownership in a corporation, allowing individuals to invest in and have a stake in a company's success.
Explanation:
Stock represents ownership in a corporation. When individuals buy stock, they become shareholders of the firm, holding partial ownership. Stock ownership gives individuals a stake in the company's profits and decision-making processes.
Issuing stock is a way for a company to raise capital by selling ownership shares to the public. This process allows individuals to invest in the company and become shareholders, sharing in the company's successes and failures as owners.
Ownership through stock provides individuals with the opportunity to participate in a corporation's growth and success and have a voice in its strategic direction through shareholder meetings and voting rights.
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