Word: 1980s
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Dates: during 1970-1979
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...policies. Just as black power was a reality of the 1960s, so the quest for latino power may well become a political watchword of the decade ahead. Predicts Raul Yzaguirre, director of the National Council of La Raza (The Race), an umbrella group of Hispanic-American organizations: "The 1980s will be the decade of the Hispanics...
...annually. The airlines' overall profit margin is still only 4.3%, which is well below the 5.3% average for all U.S. industry. They must earn at least as much next year as they will in 1978 in order to finance the new planes that they will need in the 1980s. Increasing fares, the most obvious answer, could prove politically difficult. So, to hold their 1979 earnings up, the airlines must attract as many as 30 million new passengers next year, on top of the 280 million (a 40 million annual gain) they are expected to carry in 1978. Thus...
...slippery field of oil forecasting. In his drive for a conservation-oriented energy program early last year, President Carter leaned heavily on a CIA forecast for his ominous prediction that depletion of all of the proven reserves "in the entire world" could begin by the end of the 1980s. Now comes another CIA report, this one prepared by Richard Nehring, a policy analyst for the Rand Corp., which concludes that doomsday is considerably further...
Since the early talk about the crunch of the 1980s, the headlines have been full of seemingly good news about oil. Exploratory drilling activity has risen by 30% since the 1973 embargo. In the past year or so, oil has begun to flow from Alaska's North Slope, North Sea production has increased, and promising indications of oil and natural gas have been found in the Baltimore Canyon off the U.S.'s East Coast. Oil companies have also been exploring what are thought to be big deposits along China's coast. And in Venezuela, development is continuing...
...students know that few jobs await them upon graduation, the loss of students to more "practical" courses is greatest, and the consequent need to find new recruits is most urgent. For a professor, aggressive salesmanship is "just the beginning of what will be a very major development in the 1980s," predicts Clark Kerr, chairman of the Carnegie Council on Policy Studies in Higher Education. "Teachers are only just beginning to realize that there is a tremendous pool of buying power among students for electives." Of course there is nothing new in students evaluating their professors. Harvard and Yale undergraduates have...