What is Occupy Wall Street in simple terms?

What is Occupy Wall Street in simple terms?

Occupy Wall Street was a protest that started in 2011 in New York City and spread into other cities all over the United States. Citizens protested against how poor and wealthy people have lived in different ways and are treated differently by other people, and also against the way corporations used their money.

What is the 99% movement?

“We are the 99%” is a political slogan and an implicit economic claim of “Occupy” protesters. It refers to the increased concentration of income and wealth since the 1970s among the top 1% of income earners in the United States.

Who was president during Occupy Wall Street?

On November 22, President Barack Obama was interrupted at a speech in New Hampshire by a group of Occupy Wall Street protesters who attempted to chant slogans during the speech; the protesters later delivered a paper message to the press, which read, “Mr.

What was the main idea behind the Occupy Wall Street movement quizlet?

What was the main idea behind the Occupy Wall Street movement? The American financial industry crashed the global economy and caused a recession.

What did Occupy movement want?

The Occupy movement was an international progressive socio-political movement that expressed opposition to social and economic inequality and to the lack of “real democracy” around the world. It aimed primarily to advance social and economic justice and new forms of democracy.

How does Wall Street work?

Wall Street is like a repository for investments across a variety of types of securities. When people think of Wall Street, they often have the secondary market in mind. This is the buying and selling of existing shares of outstanding stocks by individual investors through their retirement and brokerage accounts.

Are we the 99%?

Are We the 99%? is the first comprehensive feminist and intersectional analysis of the Occupy movement. Using immersive first-hand accounts of activists’ experiences, online communications, and media coverage of the movement, Hurwitz reveals lessons gleaned from the conflicts within the Occupy movement.

How much money does the 1 percent have?

A September 2017 study by the Federal Reserve reported that the top 1% owned 38.5% of the country’s wealth in 2016. According to a June 2017 report by the Boston Consulting Group, around 70% of the nation’s wealth will be in the hands of millionaires and billionaires by 2021.

What was Occupy Wall Street Fighting For?

The Canadian anti-consumerist and pro-environment group/magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social and economic inequality, greed, corruption and the undue influence of corporations on government—particularly from the financial services sector.

What was the Occupy Wall Street movement quizlet?

The Occupy Wall Street movement is: A social movement opposed to rising levels of economic inequality in the U.S. Social movements can and often do help make American politics more democratic.

What was Occupy Wall Street quizlet?

May 17th, 1972- 24 stockbrokers and merchants met at 68 Wall. Wanted to control the securities business and used the stock exchange in Philly as a model. Corruption. Culture of greed and superiority.

What is idle no more fighting for?

Idle No More began as a protest against Bill C-45, an omnibus bill introduced by Stephen Harper’s Conservative government in 2012. Since then, the movement has grown to encompass broader questions about Indigenous rights and sovereignty as well as environmental protection.