Word: 1970s
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Dates: during 1960-1969
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...what now-what lies in store for the U.S.-and for the rest of the world-in the 1970s? In a second part of the section TIME attempts to answer the vital questions. The story describes the vast changes to come in the nation's social and political climate, indeed in the entire quality of life...
...most widely heard prediction about the 1970s is that the U.S. will turn isolationist after the Viet Nam experience and shy away from all but the most crucial foreign involvements directly affecting its own security. Chances are that this isolationism will not turn out to be as severe as it is sometimes feared and will not really result in a widespread abdication of American responsibilities around the world. What it should mean is a much
...understand and to an extent gratify the romantics' cry for meaning. How the American romantics meet their inevitable frustrations, how they channel their remarkable energy will be a crucial event of the 1970s...
...says. Meeting such new goals will plainly require some extraordinary changes of attitudes among both businessmen and politicians. At the extreme, business may have to renounce its allegiance to all-out economic growth in order to halt the chemical and bacterial poisoning of air, land and waters. During the 1970s, the nation may also face a chronic shortage of capital to finance its seemingly boundless appetite for roads, airports, schools and many other projects. Continued inflation would disrupt the delicate mechanism through which most of the capital must be generated. Recession would force the U.S. to reallocate its resources...
Canada will continue to be the world's main supplier for the next few years, but enough new sources will be opened up by the mid-1970s to reduce the leverage of the Ontario unionists, who have a habit of striking at the expiration of each three-year contract. Inco has acquired concessions in Guatemala and Indonesia. The French firm of Le Nickel is mining in New Caledonia. Most important, recent discoveries show that Western Australia may some day rival Ontario as a "nickel province." For the moment, however, anyone who has a source of nickel can make...