Word: crisisâ
(lookup in dictionary)
(lookup stats)
Dates: during 1962-1962
Sort By: most recent first
(reverse)
Nowhere was this more visible than in the U.S., where both business and government frequently based their most impor tant economic actions on the need to become more competitive in world markets. The turning point of the year for the U.S. economy?the great steel crisis???seemed a peculiarly domestic fuss. But when U.S. Steel Chairman Roger Blough decided to raise steel prices $6 a ton less than a week after his company had signed its first noninflationary labor contract since the Korean war. he used foreign competition as a justification for his move. Overseas competitors, paying lower wages...
| 1 |