Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...steam locomotive, will have to expand at an unprecedented rate to meet the nation's energy requirements. Electric generators that presently burn oil will have to switch to coal, and coal gasification plants will begin to replace diminishing natural gas reserves in the late 1970's. Despite the impending boom, the coal industry can still be considered a "sick industry" whose symptoms are a very high incidence of wildcat strikes and absenteeism, obsolete capital stock, and a long-standing reliance on government paternalism in the form of subsidies and import quotas...
...Harry S. Truman Library (library and museum, that is) occupies a single large and dignified U-shaped building on a beautifully landscaped tract of 14 acres in Independence, Missouri--Truman's hometown. Independence was a boom town in the first half of the 19th century, one of the major outfitting centers for wagon trains heading west. By the turn of the century, it had become an agricultural and livestock center. Today, although Independence is steadily being pulled into the vortex of metropolitan Kansas City, its center remains a prosperous, pleasant county seat...
...vain hope that smaller units of economic and social organization will be able to keep their heads above water any better than large ones in the approaching economic deluge. Unless the Scots are willing to become a sheikdom on the Clyde, a few decades of oil-boom cannot be a substitute for industrial development. Their growing isolationism is reflected in the Labour party's desire to get out of the Common Market. Party leaders feel so strongly about this that they have promised to hold the first binding referendum in British history on the issue if they are elected...
...Ford Foundation," Critic Dwight Macdonald once said, "is a large body of money completely surrounded by people who want some." With the boom market of the '50s and '60s, the giant foundation lavishly poured out funds for higher education, hospitals and medical schools, and acquired an activist image under President McGeorge Bundy by attacking social problems of race and poverty...
Last week Bundy faced the fact that the boom is over. With inflation and sagging stock and bond markets cutting heavily into the foundation's total assets ($2 billion, down from $3 billion a year ago), he announced that Ford is considering cutting new grants by as much as 50%. That was bad news for all of the foundation's beneficiaries, but educators are particularly distressed; they feel that schools are more vulnerable to the slashes than the institutions that Bundy has stressed in recent years -those devoted to social change. Furthermore, Bundy hinted that the foundation might...