Hello respond to these two students with 175 words or more.

Hello respond to these two students with 175 words or more. Rolando Astorga9 hours ago, at 11:50 PM NEWHello Professor and Class,The economy depends on 2 capital markets. These 2 capital markets are primary and secondary market. The primary market is the issuing organization and the secondary is the investors/ shareholders. The difference between these two markets is that the primary market securities are offered to public for the purpose of raising capital or funds and the secondary market is an equity trading avenue that is used for investors.As an economist one needs to see what is going on and can affect the economy. There for one needs to monitor trends and develop forecasts on wide variety of issues. These issues can be energy cost , inflation, interest rate, taxes, business cycle and etc. For example, we can take corona virus (COVID-19) and consider this an issue. This issue has become an considered a pandemic, which has resulted in closures of businesses and government jobs. How can this cause an issue? Simple, many businesses has slowed down and payments will continue for the business and if a business has a lot of debt one has to forecast for that lost and ways of trying to make up for it. This can cause a chain of events and potentially cause issues to the stock exchange which falls under the secondary market.Primary Market VS Secondary Market(2020). Retrieved from https://www.educba.com/primary-market-vs-secondary…Tiare Kepa9 hours ago, at 11:30 PM NEWThis week’s assignment is broken down into three parts. Part one is to describe the overall purpose and mechanics of both primary and secondary markets. Part two is to explain the way the performance of a company is influenced by the activity of the markets. The third part is to address a classmate’s initial post and how their approach is different.According to the reading, a primary market can be defined as a, ‘market for the sale of new securities by corporations,’ while a secondary market can be defined as a, ‘market in which previously issued securities are traded among investors’ (Brealey, Meyers, & Marcus, 2020, p.38). The purpose of the primary market is to enable firms to sell new stocks and bonds to households. Essentially, this is where securities are created. The purpose of the secondary market is to enable already owned stocks and bonds to be sold and bought for firms and households.Brealey, R., Myers, S. C., Marcus, A. J. (2020). Fundamentals of corporate finance (10th ed). McGraw-Hill Education: New York, NY.