What are stocks?
Those people who needed money in the past needed to live near the industry and jobs, but thats not the case now. Today there are huge numbers of options, including stocks and shares which are certainly one method that people across the world use to try and invest what money they have and hopefully receive a good return. They are then bought and sold on the market and their price rises and falls according to supply and demand. Penny shares are so named because they are cheap - normally under $1 per share. Of course you wouldnt make much money buying 1 share for under $1 even if it suddenly rose in value by 100%. You would buy hundreds or thousands of such shares in the hope that you bought at a low price and will be able to sell later for a large profit.