Word: capita
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...financed nor owned by U.S. investors. About 85% of the overall expansion was financed by Canadians themselves. Incoming U.S. capital went heavily into oil and mining ventures, where Canadians were unwilling to take the risks. ¶ Capital movements between Canada and the U.S. travel both ways. Canadians' per capita investments in the U.S. at the end of 1954 stood at $117 v. a $58 per capita U.S. investment in Canada. ¶ Canadians need U.S. investment more than U.S. investors need Canadian opportunities. Most of the underdeveloped nations of the free world are pleading for new capital. U.S. capital...
With farmers earning an annual per capita income of $850 compared to almost $2,000 for the whole nation, and with over $6 billion invested in Commodity Credit Corporation surplus stocks, the nature of the Government's role in countering economic dislocation must be openly determined. The long-term solution must, of course, be decided at the polls, but political decisions should be based upon the authoritative information which such a commission could provide...
Among native Libyans there is only one doctor and one engineer (the Prime Minister, who holds a degree from Alexandria University). Libya's only important export is dried esparto grass (used in making paper money); its per capita income is a wretched $35 a year. El Faki helpfully installed 500 Egyptian schoolteachers, sent out and paid by the Egyptian government, supplied Egyptians for every level of officialdom. Two members of the Supreme Court were Egyptians, so was the commander of the small army. Last week El Faki could boast that 1,800 Egyptians are working in Libya today...
...capacity to import" is set largely by the volume of exports of farm products and minerals and the price they bring. Last year Latin Americans turned out plenty of these products, e.g., agricultural output (sugar, bananas, meat, coffee, cacao, wool) was bigger than in 1954, both total and per capita. But the prices of the exports fell so sharply (notably in coffee and cacao) that the total return dropped by nearly...
Worldwide copper strikes last year put a serious crimp in production. Meanwhile, annual world consumption has risen to more than 2 Ibs. per capita v. .6 in 1900. The U.S., where per capita consumption has soared from 5 to 17 Ibs. a year since 1900, now uses more than half the free world's copper production. For example, the electrical industry, which expects to double in size in the next decade, uses 115 Ibs. of copper to generate and distribute each new kilowatt of power...