trading and commerce

Wall Street is the name of a famous street which runs through lower Manhattan. It is the historic site where many financial institutions are located, and as such, it has become a symbol of commerce and the American economy.

2 Explanations for the name Wall Street

There are two explanations for the name “Wall Street.” It is presumed by some historians that the street references a literal wall that was built by the Dutch in the 1600s in order to protect themselves from invasions. Others have suggested that the name is a reference to the Walloons, who are known to be the citizens from Belgium who played a great role in the construction of New Amsterdam, better known as New York City today.

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Tagged as: American economy, buttonwood tree, commerce, financial companies, financial district of Manhattan, financial institutions, influential corporations, trading and commerce, Wall Street

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