Before 1980,most U.S.corporations raised funds

Question

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Before 1980, most U.S. corporations raised funds in U.S stock and bond markets or in U.S. banks. This was because the U.S. financial markets were highly developed and provided sufficient funding to meet the needs of U.S. corporations. Also, the U.S. banks were strong and stable, making them a reliable source of financing. Foreign capital markets were not as developed or accessible as they are today, and foreign banks were not often used for raising funds by U.S. corporations.

Before 1980,most U.S.corporations Raised Funds