The periods before the World War II saw few activities in the corporate and financial markets in the US. The financial sector in this period was dominated by the notion that financial markets were conquered by temporary plans, which had little consideration for the elementary issues in the sector. The presence of bonds in this market was due to the need of the government to raise funds for World War I. The American government started issuing liberty bonds with a promise to pay them after a while. These bonds were later diversified to three categories, namely bills, notes and government issued bonds, which matured after different periods. The corporate and Treasury bond markets in the US had a few activities that led to low yields and revenue in the market. The treasury bonds and yields had low-interest rates of below two percent.

This market was less advanced than it is today, although the market had treasury bonds; they had limited usage because of the ignorance of the success the sector could yield. The rise of the market was slowed by the occurrence of the great depression.

Topic 2 Venture Capital Impact on Innovation

The toolof accountability in the firm right from its management to the lowest ranking employee. It acts as an oversight on all the activities of the company.