Word: downturns
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Dates: during 1960-1969
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...Pill. The effect of the birth-control pill intrigues and puzzles the experts. Certainly, declares the U.S. Public Health Service, pills did not initiate the downturn, since they were not introduced for general use until June 1960, and not used in large numbers until a year later. Nonetheless, nearly 4,000,000 women are now using the pill, and, points out Boston's Dr. John Rock, a pioneer in birth-control development, "they're not getting pregnant." Steven Polgar, research director of the Planned Parenthood Federation, confidently credits the pill with at least one-fourth of the drop...
...current downturn, nonetheless, is consistent with history, reflecting a trend going all the way back to the founding of the Republic. With the exception of the post-World War II years, in fact, the American birth rate has always been on the way down, an anomaly explained by the heroic childbearing habits of the founding mothers, who averaged 8.3 children each. The '40s and the '50s, according to the demographers, were simply an upward jiggle on the downward line...
...psychology pays off. At a time when India's critical business downturn has cut production nationally to 60% of capacity and inflation is razoring the rupee, the younger Indians and their modernized companies are rolling along and expanding into new markets...
Many of his fellow Cambodians, however, are setting fed up. With the cutoff of $10 million a year in U.S. military aid 13 months ago, Sihanouk's army has missed several paydays. Merchants are stewing over a downturn of business. Students and teachers grump about graft and corruption in government. And powerful Buddhists complain about Sihanouk's insistence that Buddhism is a socialist religion, implying that Buddhists can coexist with Communism...
...overall vigor of the U.S. economy-Wall Street's third major uncertainty-even the pessimists have been surprised by the durability of the expansion. The consistent Cassandras, who have been forecasting downturn for many months, have begun to hedge their predictions with such words as "may," "might," and "possibly." The clouds they see over the economy include high inventories, especially in steel, and the prospect of inflation. After staying flat for five years, wholesale prices in the past six months have jumped 2.1%-owing to a rise in farm prices and processed food costs. The increases are now showing...