Word: boom
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Dates: during 1960-1969
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...final, Professor Crumgold dropped no hints whatsoever, allowing his pupils to expect a repeat of the hourly. The boom was lowered, howeven, when Crumgold's assistant and grader, Father O'Malley, distributed the six-page exam with its three dozen identifications all drawn from the lectures. Dr. Crumgold allowed the god priest full leeway as to grading, with the result that every student passed; not one walked away from that course indifferent to the dangers of overconfidence...
Service Stations Too. Almost inevitably, the auto boom has brought problems along with progress. Petrobras, the state oil company, has long hoped to supply all of Brazil's petroleum from domestic wells. But the rising statistics of auto ownership obliges Brazil to import about 50% of its annual supply. The $260 million oil bill that car drivers run up more than offsets the savings on auto imports. As such, it is a primary factor in the country's painful balance-of-payments deficit...
Even the construction boom has brought its toll in dirt, noise, and the destruction of treasured landmarks and favorite spots. The good small restaurants that were the city's pride are being torn down, to be replaced by 15-minute-service counters in skyscraper basements. In the Wall Street area, where building activity and crowding are most intense, lines form in front of hot-dog carts at lunchtime, and a sign in a Broad Street bookstore reads: "Please-no browsing from 12 to 2." Says Architect Percival Goodman: "Size can mean healthy growth or cancer. In New York...
...most important development in international trade for a generation has been the flow of U.S. corporate capital to Europe. From $1.7 billion in 1950, it grew last year to $20 billion. The cash has not only fueled much of the postwar European boom but has created controversy among Europeans, particularly in France, who profess worry about an American economic "takeover...
...small Long Island subsidiary and sizable chunks of Chicago real estate once earmarked for expansion space. Preferring to press on in living color even if it is red, Cole still does not plan to diversify, or even return to black-and-white, which has recently been enjoying a modest boom...