Tom Wolfe’s: O Rotten Gotham Essay -- New York City Literature Transpo

Tom Wolfe’s: O Rotten Gotham â€Å"It got to be easy to look at New Yorkers as animals, especially looking down from some place like a balcony at Grand Central at the rush hour Friday afternoon.† (Tom Wolfe). â€Å"O Rotten Gotham† argues that New Yorkers are in a state of behavioral sink. It would not be long before a â€Å"population collapse† or a â€Å"massive die off†. Throughout the article, Wolfe made his opinion clear. He believes everything New Yorkers go through is unhealthy and inhumane. Humans were compared to rats using the overcrowding, the ways of life, and the filth as examples. From the adrenaline rushes and car horns to helicopter noises and constant overcrowding, New York City is a constant stress causing environment. Dr. Hall, another author presented in the article, saw this overcrowding in the city causing a lot of problems. He states that work takes place in massively congested areas such as small cubicles in offices. This, however, is not just a problem in New York City. All across the US people are confined to a cubicle for their work space. It is not the end of the world either. You are there a certain amount of hours a day, and when workers come home they can relax and spread out. New York City homes are not the most spacious, but they are not as bad as being in a cubicle. Wolfe really makes you look at the differences your environment can make and how it affects its citizens. One with no knowledge of city life would probably be disgusted of it after reading this article. If they were looking to move to New York City, they would most probably think it through again. Who would want to live in filth with animals? What Wolfe doesn’t mention in his article are all of the good things about New York City.... ...ace to place to fit the needs of the area. When you listen to Wolfe, you get one side of the story. Without knowing the other side anyone would agree with him and his opinions. Thirty years ago the city was on its way to a massive behavioral sink, but has been cleaning up its act. The streets, subway systems, workplaces, and attractions have all cleaned up and done there part. More and more people are living in the city. Wolfe believes that this city is on its way to the sink, but the city is proving him wrong. SOURCES: Anderson, Chris and Runciman, Lex. A Forest of Voices: O Rotten Gotham. Peter. www.citynoise.org/index.php?article=610 O’Sullivan, David. Morehead State University student from Yonkers New York. Crime Rates and New York City. http://www.policetalk.com/nyc_crime_rate.html NYC Subway Systems. http://www.ny.com/transportation/subways/

Cigarette Tax

Section 1: â€Å"Cigarette tax hike sparks panic buying† By Ashley Hall Updated Thu Apr 29, 2010 What is the main issue presented in the media report? Discuss what has actually happened: In the year of 2010, the Federal Government raised taxes on cigarettes by an extra 25 per cent, resulting in an increase price of $2. 16 to every pack of 30 cigarettes. A proclamation stated by Prime Minister Kevin Rudd on the crackdown on Internet advertising of cigarettes was mentioned. Mr. Rudd also affirmed ‘the government will spend $27. million on an anti-smoking campaign (Hall, 2010) This media report outlines the publics impulsive buying of cigarettes upon the government’s mention of the very rapid increase in taxes, thus resulting in an upward increase in price. It mentions the dismays retailers and tobacconists faced due to the tax hike. Further more, mentioning the concerns of philanthropists and other individuals. Highlight the reason for the issue being raised: This i ssue was one that arose quite soon after its announcement, as it impacted the country in its majority in numerous ways. The justification behind this issue was the government’s lack of planning. The release of the tax hike occurred only several hours before its prospected start of midnight that night, which ultimately left little or possibly even no time to adjust and prepare for the subsequent price increase. (Hall, 2010) Outline what possible impacts this change could have: The unexpected change posed many impacts on an abundant area of the population. The change impacted the consumers (smokers), the suppliers/producers, retailers/tobacconists, charity workers and the government. The sudden publication of the price increase would lead to a majority of smokers purchasing larger amounts of cigarettes than usual, in an attempt to purchase the product at a cheaper price rather than at its increased price. The retailers/tobacconists face the prospects of higher demands and physical impossibilities such as lack of stock and time to prepare. Although on the contrary as stated by the executive director of Quit Victoria â€Å"100,000 people will quit smoking as the result of the price increase and 250,000 children will not take up the habit†. (Hall, 2010) From another viewpoint, the rapid increase in tax had an immediate negative impact on the number of people seeking assistance. This is solely the case, as a widely held proportion of smokers come from low-income groups, â€Å"In fact, people from low-income groups are 13 times more likely to quit smoking in the face of a prime increase than those from higher income groups†. (Hall, 2010) Who are the key stakeholders that are impacted by the issue outlined in the report? The key groups that may be impacted by the issues raised in this report are ultimately the key stakeholders; i. e. he customers, suppliers, regulators and competitors. The customers (smokers) are faced with the increased price on packets of cigarettes. Which ultimately puts an excise burden on consumer’s income. The suppliers were faced with a rapid increase in demand in the hours before the implementation of the tax increase, and perpetual demand between the periods after the tax. This is due to the noti on that smokers are not willing to go cold turkey over night simply due to an increase of $2. 16, but ultimately the possible immediate decline in number of packets bought/sold in the event prior to the tax increase. Suppliers are also faced with the concern of consumers opting for substitute goods (This means a good's demand is increased when the price of another good is increased) for example replacing cigarettes with chewing gum (even considering that cigarettes are inelastic). (McTaggart, 2010) Regulators, which in this case are the Government, are faced with constant scrutiny regarding their decisions and lack of planning. However, this tax hike increased an extra $5 billion over four years, which the Government would put towards its health and hospitals overhaul (Hall, 2010). So evidently, back into the economy. An increase in people seeking assistance will also place possible strains on charity workers, as people will continue to spend money on cigarettes rather than necessities. Competitors are also faced with a possible increase in demand, as the price of one good is increased, the demand of the substitute good is increased (McTaggart, 2010). Students and groups of people from low socioeconomic status will be directly affected the greatest. For those who come from high-income classes, their wages are generally increasing as the 25 per-cent increment is implemented, which ultimately does not substantially affect their income as a whole. However, students and people from low socioeconomic status groups are giving up necessities of life to feed their smoking addictions. What economic theories can be dawn from this media report? Opportunity cost: Graph 1: The theory of Opportunity cost (Graph 1): the amount of other products that must be sacrificed to obtain an extra unit of any product. The opportunity cost refers to the benefit forgone from the best alternative use of resources. (McTaggart, 2010) As the economy moves from point B towards point C, it must give up successively larger amounts of good B to obtain the same equal increment in good C (Layton, 2009). In relation to cigarette tax, people from lower income groups are giving up the necessities in order to feed their smoking addiction. Demand, Supply and Elasticity: Graph 2: The demand for cigarettes increased during the period of the government’s announcement and until midnight when the price increase was implemented: i. e. a change in consumer’s expectations about future prices brings forward an increase in consumption. (McTaggart, 2010) Graph 3: Change in demand is where the demand has shifted to the left hand side. Rise in price will see a greater quantity supplied (quantity will rise), shift in supply curve. McTaggart, 2010), (Layton, 2009). From midnight the equilibrium shifted to the left side along the demand curve by the price increase. As the result, as it was mentioned above, the quantities demanded decreased, due to the tax increase. Result in consumer and producer paying the burden of the tax increase. (McTaggart, 2010) Section 2: â€Å"Apple Shares hit as iPhone sales Fall Short† Sky News Oct 19, 2011 What is the main issue presented in the media report? Apple, one of the leading technological companies in the world has recorded revenues uncharacteristically short of expectations. Wall street analysts predicted iPhone sales during their fourth quarter earnings to be ’20 million sales’, with a short fall of ’17 million sold’. With overall revenues recorded at $28. 3 billion, substantially short of expectations (Sky News, 2011). Apple new chief executive ‘Tim Cook’ does not seem concerned about the recorded short fall of the company since the passing of Co-founder Steve Jobs. Recorded losses in revenue for Apple fourth quarter could be significantly the result of many factors (Sky News, 2011). The main contributing factor, being the short after release of the iPhone 4s. Due to the release of the iPhone 4s, consumers were withholding from purchasing older models of the iPhone, with the thought ‘I would rather wait a litter longer to purchase a new and updated version’. Ultimately the thought of consumers’ posses’ greater opportunity for Apple sales in the future but resulted in revenue falling short in their fourth quarter. The recorded revenue had a negative impact on the company. With the actual versus predicted sales of the iPhone falling short, Apple shared dropped 5% upon the announcement (Sky News, 2011). A drop in share price negatively affected the company, especially since a drop in share price has now only occurred since the passing of co-founder Steve Jobs. A drop in share price could result in consumers questioning whether they should continue to purchase Apple products, or if the drop in share price is a signaling factor that there is a higher demand for substitute goods. This could be the case as many other leading technological companies are constantly trying to innovate new and improve models of phones, laptops and tablets to keep up with Apples constant improvements. For example Samsung release of their new tablet caused large amounts of disputes between themselves and Apple, as Apple saw a large opportunity for threat to sales of their iPad. Although this is the case, the new iPhone 4s has sky rocketing sales of four million in its first three days on the market. As new chief executive ‘Tim Cook’ said: â€Å"customer response to iPhone 4s has been fantastic, we have momentum going into the holiday season, and we remain really enthusiastic about our product pipeline. † (Sky News, 2011). Who are the key stakeholders that are impacted by the issue outlined in the report? The key groups that may be impacted by the issues raised in this report are ultimately the key stakeholders; i. e. the customers, suppliers, shareholders and competitors. The customers are ultimately those who predict they continuing success of the company, without customer sales Apple would not exist. The hit of Apple shares could negatively impact consumer sales. A decline in the share price could signal a train of though in consumers mind that possibly there is a need for greater innovative or the threat of higher competitors in regards to Apple products. If consumers are being told that a company is recording predicted short falls in their expected revenue consumer might be apposed to their products, resulting in customers opting for substitute goods. (McTaggart, 2010) The suppliers in this report are in fact Apple and all other retailers that stock Apple products. The short fall of iPhone sales resulted in a decrease in revenue. Which ultimately lead to a decrease in the price of Apple shares. A decrease in share price could lead to a decline in possible sales, which results in a supplier surplus. Suppliers have a greater number of products to sell in relating to consumers who are interested in buying their product (McTaggart, 2010). In the event of the release of the iPhone 4s, suppliers are faced with higher consumer demand, which could result in a shortage of iPhone 4s in relation to consumer demands. Apples brand name and reputation is a very important asset to the company, with this issue being raised, it could have an impact on one of their largest assets. Shareholders, are those individuals or companies who have financially invested an interest in Apple, a decrease in share price negatively impacts shareholders. Decline in the share price by 5% results in a decrease in the value of shareholders wealth. The final group that is impacted by issues of a decline in Apples share price is competitors. This could have a positive impact to competitors. Negative public announcement over such a large and dominant company could result in a substantial amount of consumers opting to purchase products competitors offer, simply due to the decisions of other individuals. A consistent pattern in the public shows, that if a product is negatively represented in more than one way consumers will be very reluctant to purchase that product. Resulting in a positive advantage for competitor’s products. The group that would be impacted the most would be the suppliers. They are the key foundation of the company, without continued success the company could face greater hardships and decline in sales leading to a decline in revenue and share price as which occurred in the month of October 2011. What economic theories can be drawn from this media report? Supply and Demand: Graph 1: Demand curve during period of Apple reporting shortfall of sales and decreased revenue in recording during their fourth quarter. The graph above is a representation of changes in demand. Apple change in demand during this period is caused by consumer expectations, tastes and preferences. Where the soon to be released iPhone 4s resulted in the decrease of current iPhone sales. (McTaggart, 2010), (Layton, 2009). Graph 2: The Above graph is a representation of the supply and demand curve during the first release of the iPhone 4s. The supple curve remains constant (from period before and after the release of the iPhone 4s). Where significant changes occurred in relationship to the demand curve. The increase in demand which resulted in a right ward shift of the demand curve was a direct result of ‘taste or preferences of consumers’ a key determinant in the changes in demand (Layton, 2009). This was the case as consumers withheld from purchasing older models of the iPhone with anticipation of purchasing the newer and improved version of the iPhone (iPhone 4s). This resulted in Apple experiencing greater quantities demanded as stated in the article â€Å"iPhone 4s has sky rocketing sales of four million in its first three days on the market†. Change in demand results in change in new equilibrium (Sky News, 2011). References: McTaggart, D. , Findlay, C. , and Parkin, M. (2010), Economics, Sixth Edition, Addison-Wesley, Sydney Lecture Slides, Blackboard, University of Technology, Sydney, Insearch (2011), Economics for Business Unknown. 2011, ‘Apple shares hit as iPhone sales fall Short’, Sky News, YAHOO, viewed 4 November 2011, http://news. yahoo. com/apple-earnings-hit-drop-iphone-sales-220800212. html Layton, A. , T. Robinson and I. Tucker (2009), Economics for Today, Cengage Learning Australia, Australia: South Melbourne. Faculty of Business (2010), Guide to Writing Assignments (3rd ed. ), Faculty of Business, University of Technology, Sydney

A Definition Of A Parable - 953 Words

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The American Dream Is The Forefront Of Many Beginnings For...

The American Dream is the forefront of many beginnings for citizens and immigrants alike. Achieving this idea has proved to be unfair in certain circumstances due to many factors. The ability to reach the American Dream is not entirely realistic to a handful of people and is highly refutable. Having the chance to accomplish the American Dream is a freedom that most people desire. The American Dream is in fact real, and many have reached this set of ideals with success. However, the diversity that this country is known for places various people at a disadvantage when trying to reach the American Dream. Not everyone starts off with the same privileges as others. For example, as discussed in class with the privilege walk, lots of minorities are at a loss compared to average white American citizens. Education, jobs, living conditions, or basic opportunities are disproportionate when compared to white Americans. Going off of education, many minorities are not fortunate to get a decently standard education and receive poorly hired teachers who do not care about quality education, as seen in the â€Å"Waiting for Superman† video shown in class. In turn, this effects the types of jobs they obtain since the majority of higher paying ones require bachelor’s degrees or higher. The problem for this still exists, and as young adults are growing up, many drop out of college or do not attend college at all because they enter the workforce at an early age. With this, the American Dream forShow MoreRelatedWhite Fragility Is An Essay By Robin Diangelo1503 Words   |  7 PagesWhite Fragility is an essay by Robin DiAngelo that critiques the inner workings of how white majority population poorly converse and interacts with the racial social construct that resides in modern American culture. 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Improving the Records Management - 625 Words

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Filipino Youth Free Essays

Nearly three enduring decades of nothing but untainted, out and out public service made me the civil servant I am today. From a newcomer legislator of my hometown, then to a three-term local chief executive, to being here at this very chamber, I am deeply gratified to have stayed and committed for my beloved Tarlaquenos from the very beginning until now. It is but apt and proper to primarily express my unending gratitude to God Almighty, whom I have sought for guidance and never failed to impart me with prudence and vim to do nothing but good for our people. We will write a custom essay sample on Filipino Youth or any similar topic only for you Order Now Lord, with unending praise, I shall yield to your Holy Name and Will. I am likewise, thankful to the integral constituency of the second district – from undivided voters to unwavering allies and friends who trusted me for the second time around to be part of this provincial council. To my loving family – God’s greatest gift to me, thank you for always being there. These span of years of serving the people from the grassroots up to the district echelon honed me to be further adroit in the daunting tasks of local policy-making. Hence, renewing this tenure implies another productive chapter for this representation, which I anticipate to be steadily imbued with dynamism and throughput. This renewed opportunity will further ascertain what we have already endeavored and prospered for our province†¦ for our people†¦ for our Tarlac. Being alongside with our kababayans – seeing, feeling, hearing and bearing with them, molded me to be more aware and proactive with the problems that afflicted their communities, which we can throw a light on at full tilt through appropriate legislative measures. These various hands-on involvements with communities taught me boundless points to improve my calling as a humble representation of our district. It is also a formidable admission on my part that through these experiences, I draw might and optimism to endure with the challenges that lies ahead. The propitious opportunity to serve this constituency hand in hand with our beloved provincial governor, honorable Victor Yap, similarly taught me valuable and progressive views on governmental headship and advocacies that guarantee the uninterrupted progress of our people. This grassroots ascendancy, where this humble representation unceasingly anchors its legislative agenda, places the province’s citizens as midpoints, a proven gauge that confidently invests on human capital and development. I warmly commend our governor for his tried and tested Sulong Tarlac platform with its four enduring pillars – Pagkain Muna, Kalusugan Muna, Trabaho Muna and Edukasyon Muna. This attainable quartet paradigm shall be my constant muse on instigating the initiatives and proposals solely catered for our people. Through these pillars, we have evolved from being a nearly crippled agency to a now effectual, dependable people’s body rolling a much-desired overhaul – straightway among the frontrunners on collective nation building. But more needs to be done. Allow me then, fellow members of this august body, to cite some of the accomplishments and envisioned proposals of this humble representation for our province. AGRICULTURE 1. Tarlac is anticipated to be the leader in agricultural innovation. Among my top agenda is to be able to draft a road map that will boost the local organic movement. Last year, a nationwide organic congress was held that showcased the different organic produces and commodities of Tarlac to the country. Let us not allow the opportunity to pass every year on encouraging different local cooperatives to organize and support organic farming within their assemblies. Inopportunely, the Gulayan venture has some deficiencies that need to be attended. In coordination with the Department of Agriculture by means of legislation, we are determined to provide an effective subsidy to farmers that will cater to their necessities. In this way, we can steadily reach our goal in making Tarlac the leader in agriculture. ENVIRONMENT 2. Relative to targeting a sustainable solution to environmental concerns, I shall prioritize the authorship of a statutory regulation towards visualizing and attaining a â€Å"Plastic-free Tarlac†. Major metropolises have already yielded on this scheme; it is of the time and essence that we also take the lead in our region for our mother Earth. 3. On top of this is our winning endeavor of effectively calling the attention of local hospitals of convincing their management to strictly impose the appropriate disposal of biological wastes within their communities. Yet, it is still essential for us to be vigilant particularly for funeral mortuaries and slaughterhouses to conform to the proper procedures on waste management. If the need arises, we shall revise existing local rulings based from national policies like the Ecological Solid Waste Management Act and the Sanitation Code of the Philippines that will give teeth and permissible police powers to implementers as well as to levy for appropriate taxes and in contrast, to offer awards and incentives for those who will conform to this initiative. HEALTHCARE 4. With regards to our championing endeavors on local public healthcare, this representation shall fully devote on supporting through legislature, the award-winning, first field health service info system in the country, the Wireless Access for Health. We all discern that due to its success, it is already well sustained by numerous benefactors. However, this venture still hopes that it acquires a much-needed backing from a statutory perspective especially that it plans to expand soon to other municipalities of the province. 5. Though becoming an effective harbor for individuals who lacks capitals to access medical services locally, the Philhealth ng Masa program similarly requisites stronger legislative measures to ensure that every family shall be covered with affordable and quality healthcare. Utilizing suitable legislation and consistent discourse with Philhealth, we can solicit to this ever-accommodating public insurance figure to be more lenient and adaptable to indigent constituencies – the poorest of the poor, who lack or does not have any notion on how to get credentials necessary for getting covered (like birth certificates, clearances and the likes). Through proper legislation and consideration among concerned bodies, we can shed a light on this and with full hopes find a solution through this dignified chamber. LIVELIHOOD 6. This representation shall also thrust for a sounder investment code that will be adaptable to the needs of prospective investors. This will convey a mutually advantageous atmosphere between the province and investors that is favorable for employment generation. In partnership with corresponding local business chambers, we shall seek help on crafting a measure encouraging upright MFIs coupled with appropriate financial literacy trainings among our constituencies in the rural areas. EDUCATION 7. One of my primary focuses on education is for our province’s technical and vocational schools to come up with efficient curricula for enhancement and assessment of our future labor force. In the advent of the mandatory K-12 program of our national government, these ladderized courses offered by various tech-voc schools shall offer a window of fresh opportunity for our citizens to finish a short course, go out and work, and then return for a more advance course or maybe even move into a university for a degree. The practicality of ladderized education is to be understood as a shining beacon of hope for our indigent constituencies who desire to pursue their dreams through education. PROVINCIAL GOVERNMENT AND LGUs 8. Our commitment with our fellow civil servants and government employees within the capitol workplace and other attached agencies is still deemed precedence where legal mandates are necessary to further redefine and innovate bureaucracy. Aside from streamlining to make our structure more efficient, we should, through legislative courses mechanize ingenious innovations highlighting human resources development and quality management system approaches. 9. Finally, a big fragment of my legislative agenda will focus on our local government units to competently generate revenues so they could come up with ways to solve the long-standing paucity of funds prevalent in them. I know for a fact that we should center our agenda to our districts, for I myself became a part of resolving its scenario, back when I was still the mayor of Gerona. This is of course, plausible with the support of our national, provincial and local governments and different exponents that are willing to work hand in hand for our province. There are big shoes to fill in, especially with these planned initial thrusts and agenda that I personally consider, would be indispensable for this very august chamber to discern and willingly take part of. This representation shall be and will be disposed to accommodate more rightful propositions pertinent to the issues of our times, most prominently those that sways our constituents, a vision that is truly reflective with that of the Sulong Tarlac manifesto. I am similarly poised that through the vitality and aggressiveness of our new vice governor, honorable Kit Cojuangco Jr. , and with your succor, fellow colleagues in this august chamber, we can build a more meaningful purposeful solidarity, regardless of political affiliation, towards formulating an all-inclusive agenda that will hopefully serve as a steadfast, literal ‘sanggunian’ for our counterparts in the seventeen municipalities and in this capital city. Participatory governance is the way to go for I consider it to be a two-way gain between our Sanggunian and these seventeen local Sangguniaans making up the whole province. How to cite Filipino Youth, Papers

Factors That Moved Florence Into the Renaissance free essay sample

A part of their government was seven chosen men who they referred to as ‘senior guilds’ which formed a body of magistrates and ruled the city. This government was created so that it could preserve Florence from the rise of terrible city tyrants who were out to get many cities. This government introduced situations of the city as public matter rather than private matter. Anyone a part of this government had to be elected or appointed. No positions were inherited to people. People elected their rulers and it was the ruler’s responsibilities to help the concerns of all the people rather than just a few. The second factor that moved Florence in to the Renaissance was the rise of Fine Art; starting with paintings. In the late 15th century many artists came around to some very famous pieces and new concepts of art. One artist that played a major role in this was Gentile Da Fabriano. We will write a custom essay sample on Factors That Moved Florence Into the Renaissance or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He’s most famous for his new Gothic International painting, the â€Å"Adoration of the Magi. This piece of art became the new talk of the town. It incorporated many influences from all over Europe, not just Italy. It also purposed many ideas and storytelling, which was something that hadn’t been done at this time yet. Another famous artist, which many of us know today, Leonardo Da Vinci. He’s most famous for his painting of the â€Å"Mona Lisa† mostly because of her interesting smile. The third factor that moved Florence in to the Renaissance was the introduction of Humanism. Within the late 14th and early 15th century, a new perspective of learning, writing, creating, and even thinking arose. Humanism seeks after the incredible importance on people rather than the divine or supernatural matters. This allowed many people to turn away from the Medieval Ages to a new age. A famous scholar Pico Della Mirandola convinced that all human learning could be synthesized in a way such as to yield basic and elementary truths. The fourth factory that moved Florence in to the Renaissance was music. In the 15th century most musicians were from the North but had exchanged ideas and developed a new musical idiom. One famous musician and composer was Guillaume Dufay. He was known as the world’s most famous composer of that century. He studied music and singing and also was a part of the Papal choir in Rome. He later went on to teach and composer some of the most famous music pieces of his generation. 2. What are the stylistic characteristics of Florentine Renaissance painting? Give Examples. There are so many different characteristics that set these painting done in the renaissance apart from any other paintings. One of the stylistic characteristics would be the introduction of realism through the arts. Making paintings and sculptures more real and relative to what the artists may be going through or see in their daily lives. Another characteristic would be how more and more painting was representing religion. Whether it is religious figure, scenes from scriptures, or religious theories, they were all being covered. One example of that would be Leonardo Da Vinci’s â€Å"The Last Supper. † In that painting it shows Jesus having his last dinner with his twelve disciples. The next characteristic that you will see in the Renaissance paintings would be its depiction of human emotion and portraits. Many artists did this to show realism, and to also show their intelligence and beauty of the human body. For example, in Leonardo Da Vinci’s sculpture of ‘David’ you have seen a grown man completely naked; in the position the Italians call contraposto. 3. How do the Fondling Hospital and the Pazzi Chaple show the influence of Roman Architecture? The Foundling Hospital built in 1419 and designed by Filippo Brunelleschi, started out as a place for orphan and abandoned children to go to and later turned into a hospital. Both of these building represent a change in not only the outward appearance but also the reconstruction of the Renaissance. The Foundling Hospital had lots of domes and arches, including colorful grey and green stones to spice up the place. It also had many slender columns, and classical molding all around the buildings. Arches, domes, and columns became very famous in architecture during the renaissance. It was a style that hadn’t been seen before. The Pazzi Chapel was a religious building and it was built in 1429 by Andrea Pazzi. It too had slender and larger columns, colorful stone, arches and domes. Both building represented a new way of designing and constructing building. 4. Why was Cosimo De’ Medici significant in the development of the Renaissance in Florence? Cosimo Medici was a very well known banker in Italy and was close friends with many popular and intelligent professors, collector of books and patrons of the arts. He made an effort to study Greek and even founded the Platonic Academy for the study of Plato. He later on wrote his own compendium of Platonism called, â€Å"Theologia Platonica. † His family, also known as the Medici Family, supported many artists, writers, and deep thinkers, with their money. His family also established the modern â€Å"banking† system which we still use today. Actually the word bank was derived from the Italian word â€Å"banco† which translates to â€Å"counter† or â€Å"table† in which money is exchanged.