Why do you call capital Wall Street?

The English name of Wallstreet comes from the wooden fence wall built by Dutch immigrants who settled in new york in their early years to resist the British invasion. Today, the total length of Wall Street is only over 500 meters, and the streets are narrow and short, with only seven blocks from Broadway to Donghe. 1792 In order to resist the British invasion, Dutch colonists built an earthen wall, which extended from the East River to the Hudson River and formed a street along the wall, hence the name Wall Street. Later, the wall was demolished, but the name "Wall Street" remained. It is famous as "the financial center of America".

Wall Street is home to American monopoly organizations and financial institutions. It is the headquarters of new york Stock Exchange, American Stock Exchange, investment banks, government and municipal securities firms, trust companies, Federal Reserve Bank, public utilities and insurance companies, and also the headquarters of banks, insurance, railways, shipping, mining and manufacturing companies set up by American consortia such as Rockefeller and Morgan, and it has become the financial and securities trading center of the United States and the world. Wall Street is often regarded as synonymous with monopoly capital, from which it began to dominate American politics and economy. Wall Street has become a symbol of the high concentration of monopoly capital, finance and investment in the United States. In its northeast corner stands the branch of the ancient Ministry of Finance (now the exhibition hall), which was built in the place where Washington delivered his inaugural speech.