Occupy Wall Street Flashcards, test questions and answers
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What is Occupy Wall Street?
Occupy Wall Street (OWS) was a protest movement that began in 2011 in Zuccotti Park, New York City. It was organized by a group of activists and protesters, who wanted to challenge the growing wealth inequality and corporate greed they saw in the United States. The movement spread quickly around the world, with citizens from over 82 countries taking part in demonstrations and protests.The primary goal of OWS was to raise awareness about economic injustice and financial corruption taking place on Wall Street. The protesters issued demands for greater accountability from financial institutions regarding their practices and for increased regulation of the banking industry. They also called for more government investment in public services such as health care and education, as well as an end to corporate tax loopholes that allowed CEOs to receive massive paychecks while average citizens suffered from austerity measures. The Occupy Wall Street movement had both successes and failures; it brought widespread attention to social issues such as income inequality but failed to gain traction with lawmakers or policy change at the federal level. Despite this, OWS remains an important example of how activism can bring attention to important issues that may otherwise be overlooked by those in power. Furthermore, its legacy lives on through other movements such as Black Lives Matter, which has pursued many of OWS’s causes such as police reform and economic justice.