Word: boom
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Dates: during 1950-1959
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...POPULATION BOOM...
...rate of 1.5 billion cans. In the same period, the U.S. toy industry has grown from an $84 million-a-year stripling to a $900 million giant, and the sale of bicycles has almost doubled (2,000,000 last year). These are the measuring sticks of the Great Baby Boom-the greatest in U.S. history. They are also the advance signs of how the great growth in U.S. population in the last 13 years will transform the economy -and provide an expanding market for business which it will have to hustle to fall...
...Susie," as her patients call her, moved to Ashland 23 years ago, and she has brought a boom to the town. Thousands of hopeful patients keep the cash registers ringing in motels, hotels, restaurants, drugstores and movie houses. Mrs. Jessel herself is the proprietor of 13 cabins where patients who need more than one treatment can put up for $35 a month. District doctors acknowledge that some patients may receive "psychological benefit"; beyond that they can only fume at the danger that ill people who need proper medical treatment may be persuaded, by a visit to Susie's, that...
This year, one-fourth of the passenger traffic flying between points in the U.S. will be by air coach, saving 30%. More than half of all transatlantic plane passengers are buying tourist fare tickets at the same saving. To cash in on this boom, United next week will drop six of its twelve regular-fare flights to Honolulu and increase its air-coach flights from four to eight a week...
...England, a spectacular bridge player. "The Architect of Capitalism Viable." as Author Heilbroner calls him. Keynes also wrote an intricate book, The General Theory of Employment, Interest, and Money, drastically revising Adam Smith's view of capitalism. His conclusion: the market place is not a safe place; every boom is constantly threatened with collapse, any depression might last indefinitely. No moral question is involved. The system has a mechanical defect, and its price is high: unemployment. The solution. stated in its simplest form: government investment. The less radical of the British Socialists, e.g., the late Sir Stafford Cripps, followed...