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출처 1: What’s the Difference Between Wall Street and Main Street? (Money Badger, 2016)
When people talk about “Wall Street,” they’re discussing investment firms, corporations, “the 1%”, and everything in between. When people talk about “Main Street,” they’re really talking about the little guys: small businesses, the middle class, the economy, and more.
출처 2: 'Main Street' has meant many things over the years (Joe McClure | Pennlive.com, 2011년 12월 17일)
Main Street versus Wall Street. We hear pundits and politicians make this comparison all the time, especially since the Great Recession. Main Street represents the good guys, the hardworking average folks who form the backbone of the nation.
But the term "Main Street" hasn't always possessed such a positive meaning. It originally represented small-town provincialism and bigotry. As the decades have passed, nostalgia and the Great Recession have given it a more positive meaning.
The dim view of the small town was popularized by Sinclair Lewis' best-selling 1920 novel "Main Street." The novel established Lewis as a premier American satirist and launched a successful decade that made him the first American to win the Nobel Prize in Literature, in 1930.
( ... ... ) Scholar James Hutchisson writes that [Lewis's "Main Street"] was the most successful because of its satiric approach and because the time was ripe. After World War I, small towns were no longer an essential part of the economy, and their social attitudes were seen as outdated.
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Scholar Richard O. Davies writes that after "Main Street," criticism of small towns became fashionable in the 1920, but after World War II it was replaced by nostalgia, which continues today. Disneyland and Magic Kingdom have a Main Street, USA, based in part on Walt Disney’s hometown of Marceline, Mo.
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Since the Great Recession, Main Street has gained another connotation: the home of the average American who is a victim of Washington and, especially, Wall Street. The 2008 presidential race magnified the Main Street-as-victim theme, with Barack Obama and John McCain using Main Street as a foil to the evils of Big Business. Since becoming president, Obama has continued to juxtapose Main Street and Wall Street. In 2009, he embarked on a White House to Main Street Tour. He has called for Wall Street reform as a way to “bring greater security to folks on Main Street.”
This year’s Republican presidential candidates have contrasted Main Street with Wall Street and Washington, too. Former candidate Herman Cain claimed he was a better choice than Mitt Romney for the Republican presidential nominee next year because Romney “has been more of a Wall Street executive. I have been more of a Main Street executive.” Texas Gov. Rick Perry says that if he’s president, Washington lobbyists no longer will set policy. Instead, “it will be dictated by Main Street.”
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출처 3: Main Street (Wikipedia, as of June 19, 2018)
Main Street is a generic phrase used to denote a primary retail street of a village, town or small city in many parts of the world. It is usually a focal point for shops and retailers in the central business district, and is most often used in reference to retailing and socializing.
( ... ... ) The best-selling 1920 novel Main Street was a critique of small town life, by the American writer Sinclair Lewis. The locale was "Gopher Prairie," presented as an 'ideal type' of the Midwestern town, and the heroine, Carol Kennicott, was a more urbane, 'ideal-typical' Progressive.
In North American media of later decades, "Main Street" represents the interests of everyday people and small business owners, in contrast with "Wall Street" (in the United States) or "Bay Street" (in Canada), symbolizing the interests of large national corporations. Thus, in the 1949 movie adaptation of On The Town, the song "When You Walk Down Main Street With Me" refers to small-town values and social life. Main Street Republicans, for example, see themselves as supporting those values as against urbane or "Wall Street" tendencies. ( ... ... )
출처 4: Wall Street (Investing Answers)
( ... ) The name "Wall Street" is also frequently used to describe the financial services industry, generally. ( .... ) [It is] often shortened to "the Street"─to be synonymous with high finance, all manner of ivesting and general economic prosperity.
In popular cultrue, "Wall Street" stands in contrasts to "Main Street." Whill Wall Street is used to describe the capital markets and the financial industry. Main Street is typically used to describe the larger economy in which the vast majority of people live and work.
Main Street (Investing Answers):
Main Street refers to collectively to members of the general population who invest in the capital markets. individuals and businesses that do not work for financial and investment companies are considered part of Main Street. Main Street should not be confused with Wall Street, which refers to members of the brokerage and financial services community. Main Street invests in the capital markets as investment clients through Wall Street. ( ... ... )
출처 5: Main Street (Investopedia)
Main Street is a colloquial term used to refer to individual investors, employees and the overal economy. Main Street is typically contrasted with Wall Street, with the latter referring to the financial markets, major financial institutions and big corporations, as well as the high-level employees, managers and executives of those firms. You'll find ofter hear about Main Street vs. Wall Street in rhetoric about the different goals, knowledge levels, interests and political power of these two groups.
Main Street can also describe small, independent investment company (i.e., a Main Street firm) as opposed to one of the large, globally recognized Wall Street investment firms. Wall Street firms tend to serve large investors with multi-billion dollar assets, like institutions, while Main Street firms tend to be better suited to serving small, individual investors by providing more personalized service.
Main Street is often seen as being the opposite of Wall Street. This can lead to some very unpleasant attitudes on both sides. ( ... ... ) Some people think that what's good for Wall Street is bad for Main Street and vice versa. ( ... ... )
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