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Wall Street in the United States is the name of a street extending from Broadway to the East River in southern Manhattan, new york City. It is only

What kind of place is Wall Street in America?

Wall Street in the United States is the name of a street extending from Broadway to the East River in southern Manhattan, new york City. It is only

What kind of place is Wall Street in America?

Wall Street in the United States is the name of a street extending from Broadway to the East River in southern Manhattan, new york City. It is only a third of a mile long and only 1 1 meter wide. It is a transliteration of the English word "Wall Street". This street is narrow and short, only seven blocks from Broadway to Donghe, but it is famous as "the financial center of America". Managers of banks, insurance, shipping, railways and other companies set up by Morgan chaebol, Rockefeller Oil King and DuPont Consortium are all concentrated here.

The famous new york Stock Exchange is also here. It is still the headquarters of several major exchanges, such as Nasdaq, American Stock Exchange and new york Stock Exchange. The word "Wall Street" has now surpassed the street itself and become synonymous with nearby areas. It can also refer to financial markets and financial institutions that have an impact on the entire American economy.

The childhood of Wall Street is from 1653 to1the end of the 9th century. 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 rapid development of the Dutch economy, which once made this small European country among the world powers.