Boom and bust

This textual analysis will define the first-person testimonial ethos of the working classes through the experimental experiences of Barbara Ehrenreich’s in Nickel and Dimed. Ehrenreich provides a ethos-based theoretical evaluation of the working classes through by pretending to be a member of the working class, and also by providing a testimony of her experiences in this working environment. This testimonial defines the historical perspective of Ehrenreich’s own economic awareness of poverty,…

The big “red scare” of 1919-1920 resulted in a nationwide crusade against left-wingers whose Americanism was suspect and was a godsend to conservative businesspeople, who used it to break the backs of the fledgling unions. “Red Scare” was important, because it led to violations of individual’s rights. Sacco and Vanzetti Case Nicola Sacco, a shoe-factory worker, and Bartolomeo Vanzetti, a fish peddler, were convicted in 1921 of the murder of a Massachusetts paymaster and his guard. The jury and…

While discovering the west, pioneers encountered difficulties which authors then used in their stories leading to the idea of the frontiersman. We're still learning whether or not the many myths were insight into the reality or merely an idea of how frontiersman and the West are portrayed. Many of these myths or ideas are what aided in the understanding of American history. In the later half of the nineteenth century, the "mythic frontiersman" commonly was described as full of hope, righteous,…

Fracking, also known as hydraulic fracturing, is a type of drilling that uses water, sand and chemicals, shot at high pressure, to release energy resources trapped inside rocks. This recently new technology for drilling allows areas that were previously inaccessible for drilling, like very concentrated rocky areas, to now be opened up through fracking to obtain natural gases and oil. The water solution used with this drilling technique produces almost the same amount of “sludge” as an after…

The increase in production will therefore mean more hiring is needed, which increases the demand for workers resulting to a decrease in unemployment. In addition in the short run an increase in inflation will reduce unemployment, resulting to a trade-off between inflation and unemployment. In addition Pettinger (2011) says “If an economy experienced inflation, then the Central Bank raises interest rates. Higher interest rates will reduce consumer spending and investment leading to lower…

“ ‘A fearful and gloomy existence awaits us under the best of circumstances!’ ” (Boden). Written by Friedrich Meinecke after World War I, it echoed the sentiment of many Germans at the time. The German’s were right to be anxious as Britain and France went into the Versailles Conference with vengeance. On the other hand, Britain and France had a right to be angry since Germany was the source of their economic downfall and hardship during the war. The final Treaty in June 28th, 1919 had no German…

One November Morning was created by descendants of survivors of the Sand Creek massacre. The artwork depicts the events of that day. The works by artists Brent Learned (Arapaho), George Curtis Levi (Cheyenne), and BJ Stepp (Cheyenne) focus on the remembrance, honor and strength of their ancestors and leaders. Levi and Learned organized the exhibition which changed slightly at each venue based on which other artists could participate. In order to create this exhibition, Levi and Learned…

In the unstable and depressed interwar period, economic historians reinterpreted the industrial revolution in terms of the business cycle and a market economy’s tendency to generate booms and busts.” (HUMPHRIES) There are many great figures in marking Britain’s Industrial Revolution history, yet, one group of figures are not honored with art work and statues like they should be. These figures are the orphans and poor children of Britain…

Before the late 19th century, none of the American citizens could have imagined that their humble colonial beginnings would eventually contradict its fundamental values to become a global powerhouse with colonial possessions. But as the US exhausted their land in their manifest destiny driven westward expansion, it was inevitable for the country to begin searching for more land and markets. Consequently, the US applied its Monroe Doctrine to intervene in support for the nationalist movement in…

a subjective valuation of the two people using and accepting the money. If a central bank is playing is overreaching in the value of money then that will distort the true value of money. Money that is played with cause the economy to limp from boom to bust in a regular pattern. The US saw this in 2001 with the Dot.Com crash, and then in 2008 with the housing bubble and the bank failures. In the…