What is Wall Street in America? What's the main reason?

Wall Street is the name of a street south of Manhattan in new york City. It used to be the front line for Dutch immigrants to fight against Indians, but now it is the financial center of new york and even the whole world. Mainly in finance.

As we all know, mobile Altman is the world financial center and controls the world financial market. The headquarters of major banks are around the new york Stock Exchange and the Federal Bank.

brief introduction

Wall Street, a street in southern Manhattan, new york, extending from Broadway to the East River. The childhood on Wall Street ended from 1653 to 19. The early rapid development of new york and the rise of new york's financial industry have a considerable relationship with the Dutch business spirit. Although the early germination of capitalism began in Italy during the Renaissance, the real capitalism was gradually perfected in Holland in the middle of17th century.

At that time, the Netherlands formed a very complete financial system, including banks, stock exchanges, credit, insurance, limited liability companies and so on. The development of the financial system gave birth to the economic take-off of the Netherlands, making this small European country once one of the strongest countries in the world. When the Dutch immigrated to North America, they brought the capitalist business spirit to New Amsterdam.