Word: capita
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Dates: during 1960-1969
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Such steps had to be taken because last year Japanese industry-carried away by Prime Minister Hayato Ikeda's plan to double per capita income in a decade-launched into an orgy of expansion. Imports of heavy machinery became so great that ships had to wait as long as 30 days to unload, and Japan's trade deficit jumped to a record $1.5 billion. Determined to get the nation's balance of payments back on even keel, Ikeda raised interest rates, put curbs on imports, and mounted a drive to increase exports...
...curious sidelight: one out of every five college boys who smoke at all chooses a pipe, yet the per capita consumption of pipe tobacco on campus is far below the national average. The Pipe and Tobacco Council can only conclude that many Big Men On Campus are chewing on empty pipes to impress girls with their virility or professors with their contemplative natures...
...does play smalltime football,* but the real passion at the small (700 men) Episcopal school is for the classics. Latin and Greek are big, and to reinforce the Oxonian atmosphere, upperclassmen who make good grades wear black academic robes to all classes. The school leads the South in per capita production of Rhodes and Fulbright scholars...
...have attracted more than $100 million in foreign investment this year. With wages for skilled labor averaging 50? an hour, an investor could even make money selling Edsels. The Greeks are also profiting. The gross national product is climbing almost 6% a year, and the per capita income in Athens is up to Italy's annual average of $1,000 (but the rest of Greece is so poor that the nationwide average...
...Fast. To some extent the phenomenon of productivity rising more slowly than wages is an international complaint, but Britain's case is worse than most. No industrial nation in the 1950s had a slower growth of per capita output than Britain-20% for the decade; yet over the same period wages doubled. In West Germany, a comparable wage increase was offset by a 60% rise in productivity. In the face of rugged competition from the Common Market, these figures add up to serious trouble for Britain...