Primary markets deal in the stocks of larger, well-known companies; secondary markets deal in the stocks of smaller, less well-known companies.

Name: Primary markets deal in the stocks of larger, well-known companies; secondary markets deal in the stocks of smaller, less well-known companies.
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Question

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Primary markets are where new securities are issued and sold for the first time, regardless of the size of the company, while secondary markets are where existing securities are traded among investors.

Primary Markets Deal in the Stocks of Larger, Well-Known Companies;