Word: boom
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Dates: during 1960-1969
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...shop for teen-agers," but he provides the ideal station from which to start a trip. Light boxes around the walls blink and fade and oscillate, floodlights of red, blue, yellow and green flicker on a paisley-patterned tapestry while the sounds of the Beatles or Ravi Shankar boom from strategically located loudspeakers...
...banker and real estate operator who grew rich in Milan's postwar boom, Zingone will ultimately pour $40 million into the venture. Zingonia began three years ago when he bought a cluster of five hamlets, two of which were conveniently classified as "depressed areas." There he is setting up prefabricated factories and warehouses for sale to firms attracted by the benefits given to depressed areas: ten-year freedom from taxes, plus cheap 5% government loans. So far 112 firms, German, Dutch and Swiss as well as Italian, have begun turning out products ranging from ceramics to motorcycles...
After Napoleon. Reyre, a career banker who took charge of Paribas in 1948, has so far multiplied its assets tenfold, to $1 billion. A constant innovator, he was the first French banker to bring out convertible bond issues, invest in the Sahara oil boom, and create an open-end investment fund to lure small investors into the French stock market...
...cent in a general state-wide economy program designed to prevent a tax increase. The Governor and many of the people who elected him want to cut the university and state college appropriation. Yet they want to accommodate an additional 10,000 students--the products of California's population boom--and still maintain the quality of faculties and equipment...
...Yugoslavia is prospering economical ly, thanks largely to Tito's imaginative agricultural and industrial reforms. Yugoslavia claims an extraordinary 1966 economic growth rate of 10%, helped out by a bumper harvest of wheat, corn and sugar beets, plus a surging production of ships, chemicals and petroleum derivatives. A boom has its price, of course: many Yugoslav cities are for the first time experiencing the agonies of rush-hour traffic jams, packed restaurants and overcrowded shops (workers recently shifted from a sixto a five-day week). Nowadays, Tito can even afford the capitalist luxury of strikes-some 700 of them...