Word: boom
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Dates: during 1950-1959
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...that South Korea, not the Communist government of the north, actually precipitated the outbreak of the war referring constantly to newspaper clippings, he attributed the subsequent U.N. decision to intervene in Korea to an American fear that Japan might fall within the Communist sphere of influence. The resulting war boom precluded the possibility of Japanese trade with Red China, Fast insisted...
...immediate. No matter what happens in Korea, Japan can count on U.S. spending in Japan to continue near the present rate for at least two more years. What worries U.S. experts is Japan's inability to prepare for hard times to come. Instead of using the war boom to cut costs and improve techniques, Japan has wasted its opportunity in a huge orgy of luxury spending on everything from Cadillacs and new office buildings to enormous geisha parties. And when & if a depression comes, it is the Communists who will be able to make the most...
...first man to boom Long Islander Hall for the chairmanship was House Speaker Joe Martin, who toured the world with him in 1951. Then Governor Tom Dewey stepped in behind his fellow New Yorker, although Dewey and Hall, old friends, had recently been on opposite sides of a factional fight in New York. Hall traveled with Eisenhower during most of the campaign last fall. After a call at the White House last week, Hall smilingly said he would take the job if it were offered...
...downward trend of Israel's inflated economy, last year's devaluation intensified it. Devaluation cut the value of the currency enough so that domestic prices rose sharply, but not enough to give Israeli products a competitive chance in foreign markets. Result: instead of the hoped-for export boom, the import-export gap widened in 1952 from a dangerous 7 to 1 to a disastrous...
...their executives. As the tempo of industrial life speeded up during the war so did the death rate. In General Motors alone, 189 of its top management group died in five war years. Good executives scarce enough in wartime, have become even harder to get in the postwar boom. Companies which once regarded an executive as expendable but fortunately replaceable have changed their thinking...