Category Archives: Uncategorized

Blog 11 Nick Mitterando This week in the Nations textbook it discussed the crash of 2008 and 2010. The crash of 2008 was the biggest since the great depression and resulted in thousands of Americans losing jobs and struggling with money. The crash happened because too many people took out loans they could not afford.Continue reading “Blog #11”

Blog 10 Nick Mitterando             This week in the American Economy textbook there were no readings. Instead there was a chart and map to read and understand. Starting with the chart it shows “Washington Think Tank Calculates N.A.F.T.A.’s Impact on Jobs”. The chart compares 1993 trade, and 2000 trade with Canada and Mexico. It alsoContinue reading “Blog #10”

Nick Mitterando Blog #9             The first reading talked about the Downtown development of Boston. It explains how Boston was trying to redevelop into a better more modern area with a new and stronger economy. Many new stores and buildings were built to encourage people traveling, living, and spending money in Boston to boost theContinue reading “Blog #9”

Blog 8 Nick Mitterando             The first reading talks about the effects of the great depression on America for many years. Bernstein starts by saying how no economical event has been as big as the great depression. He then goes into the effects of it on industry and people. Starting with the secular transition thatContinue reading “Blog #8”

Blog 7 Nick Mitterando             The first reading is about the economy of World War 1. It opens with a very interesting quote saying that “The total cost of World War I to the United States (was) approximately $32 billion, or 52 percent of gross national product at the time.” This shows just how bigContinue reading “Blog #7”

Blog #6 Nick Mitterando The first reading talks about how Carnegie became a partner of Keystone Bridge Company. It opens by talking a bit about Carnegies other partnerships and how he continually made money off his dividends. The Keystone Bridge Company wanted to use Carnegies steel lot make new and better bridges. These would replaceContinue reading “Blog #6”

Blog #5 Nick Mitterando The first reading talks about James Henry Hammond and his time as a plantation owner. Hammond started out as a plantation owner who mainly grew and sold cotton. In 1831 Hammond quickly became one of the wealthiest men in the state owning over $90,000 in assets. However, his yield over theContinue reading “Blog #5”

Blog #4 Nick Mitterando The first reading was “Factory Girl” in the textbook. In this reading we go along on a tour of an 1800s factory as a little girl. The reading goes into detail about every part of the factory. It paints a very detailed picture in your head of what the factories areContinue reading “Blog #4”

            The reading starts off with a statement made by Eli Whitney. Whitney in this statement explained his view on how industrialization should work in the US. His main important points were the prerequisites for mass production, as well as explaining the process of taking small parts to make one final product. He also wantedContinue reading “Blog #3”

Blog 2 Nick Mitterando             This reading was by William M. Gouge Decries. Decries starts out by voicing his strong opinion on banks in America. His first claim states that whatever power corporations have, has at one point been taken from the people or government. This gives us a good idea on his views forContinue reading “Blog #2”