Word: businessmen
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Dates: during 1950-1959
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...businessmen expect competitive pressures and excess capacity to keep price rises small. The U.S. economy can take the flurries of a foreign crisis in stride...
MUCH has been written-and much more said-about how the recession compares with the other two postwar business declines. Last week, studying a series of remarkable charts, economists and businessmen could prove what they had suspected: this recession is the shortest of all, and the one that sends into retreat some of Lord Keynes's cherished theories. See BUSINESS, Three Recessions...
Switzerland. Touchy about their neutrality, the Swiss refused a U.S. request to fly troop transports over their territory, though bankers and businessmen cheered the ability of the U.S. to move swiftly and decisively in the Middle East. But when United Press International's President Frank H. Bartholomew wrote after a visit to Switzerland: "Diplomats and counterintelligence agents say the Iraqi revolt 'was born in Bern,' " government and press alike went through the roof of the Alps. Bartholomew reported estimates that the Reds disbursed $1,000,000 a week to Western European agents through Switzerland, much...
Core of the problem for the Foreign Service and for the next generation of journalists, pay-later tourists, and businessmen abroad: 56.4% of U.S. high schools, according to the report, do not teach even one foreign language. Less than 15% of public high school students are enrolled in a modern foreign-language course (almost none study ancient languages). Most take French or Spanish; rare are courses in Russian, Chinese, German, Italian or Portuguese. Even students exposed to languages may not take on enough ability to read a menu. Weighting the odds against the student, according to the report: ill-taught...
...Businessmen realize that the U.S. industrial scene has changed radically since 1950. At that time the shortages of World War II had yet to be made up, capacity was straining to keep up with civilian consumption, and there were no stockpiles. Today there is excess capacity in every basic industry, and the Government, whose stockpiles are brimming, is retiring as a customer for most strategic materials. Items...