Word: ans
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Dates: during 1930-1939
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> "Unlike industries requiring a substantial capital investment" (in New York City, which accounts for 56% of millinery production, total equipment is estimated at $1,000,000), "hard times produce an increase in the number of millinery manufacturers. The failure of one concern results in the formation of three or four...
For 17 years big Melville Shoe Corp. (No. 1 U. S. shoe retailer; sales: 10,000,000 pairs of shoes, 12,000,000 pairs of socks) and J. F. McElwain Co., Nashua, N. H., shoemaker, have got along fine. The arrangement between them has been that Melville contracts to take...
Forced to import some 70,000,000 hides (15% of its cattle hides, 25% of its calf, 50% of its sheep, all of its goat skins) a year, the industry has seen hide prices jump 10 to 30% since the advent of World War II. But shoe prices are only...
Because Canadian Associated's job was to organize an industry as well as to parcel out orders, it got as its president not an airplane pilot but a seasoned businessman: aristocratic, 60-year-old Paul Fleetford Sise, onetime overseas infantry officer who had worked for Westinghouse before becoming president...
In part this contrast may be due to screwy statistics (the production index is heavily weighted by certain industries), but in large part it represents technological improvements. For if improved machinery increases output per man, it is perfectly possible to have bigger production and bigger unemployment at the same time...