Word: capita
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...another with getting and spending. The U.S. and WORLD BUSINESS sections, of course, are most immediately concerned, notably in our accounts of the stock market gyrations (One for the Bulls), and of a small nation paradoxically in a jam because of its natural wealth and high per-capita income (Trouble in the Garden). One of the most encouraging stories explains that it is still easier to make a million in the U.S. than anywhere else. Who has done it and how? See U.S. BUSINESS, How to Become a Millionaire (It Still Happens All the Time...
Kuwait, that Connecticut-sized sandspit at the head of the Persian Gulf, controls one-quarter of the world's petroleum, collects $600 million in oil royalties annually and boasts a greater per capita income for its 468,000 people-$3,000 a year-than the U.S. Yet Kuwait's very prosperity has brought it some economic problems. The country is so saturated with imported autos, refrigerators, TV sets and other durable goods that sales have slumped for its 17,000 shopkeepers. Making this situation worse, a flood of job-seeking immigrants from other, poorer Arab lands has raised...
Meanwhile, Nauruans have little to complain about. With 95% literacy, little or no disease, no taxes, and a per capita income of $1,800 a year (v. $1,350 for Australians), Nauruans work hard at having fun. They cruise about in 800 cars and motorcycles, watch free movies, indulge in their traditional hobbies of taming frigate birds or man o' war hawks, and grow steadily lazier, happier and fatter (a 250-lb. Nauruan is considered well-rounded...
...general 5.5% growth is not all gravy. Latin America's population increased 3% last year, thus cutting the per-capita increase to 2.5%. Still, that figure is right on the button with the Alianza's targeted rate and is more than twice the average 1.1% pace that prevailed from...
Athletes & Ads. Both announcements are part of an industry trend. The U.S. is drinking twice as much beer per capita as it did immediately after Prohibition-production this year will reach a record 102 million barrels-but only a quarter as many breweries are making it. In 1934 there were 752; today only 190 breweries are in business, and many of them have a future about as flat as stale beer. The ten biggest brewers account for 55% of sales, and another 30% belongs to such strong and modern regional brewers as National of Baltimore, Pearl of San Antonio, Schmidt...