Word: expand
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Dates: during 1950-1959
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...most. For small operators, vainly trying to wrap packages, and make deliveries and give credit to today's tougher customer, the added cost often spells ruin. Says Dun & Bradstreet: "You can't sell at 5% above cost and give the services people want." For those who can expand, the potential market was never bigger. Says Sol Polk, Chicago's top discount merchandiser: "The greatest sport in the next five years will be stretching the American dollar. The American woman wants quality merchandise at knocked-down prices. She deserves...
...answer seems to be that Congress was too quick to 1) expand the system to cover more workers and 2) boost the benefits without waiting to get the bill for past increases. For example, in 1954 Congress voted to let self-employed farmers retire at 65 if they paid Social Security taxes for only two years. Thus, for $252 a farmer could buy a pension of $108.50 a month for life (if single) or $162.50 a month (if married). Thousands of agile farmers came out of retirement to farm for two years in order to become eligible for benefits, then...
...basic reason for the capital shortage is that the free world is riding the crest of a postwar boom, and the great demand is to expand and industrialize at once. Enormous technological breakthroughs in almost geometrical progression force businessmen everywhere to search for capital to buy new equipment and materials. And with more jobs and higher pay than ever before, the effective demand of consumers with money to spend and the will to spend it has created vast new markets. In their rush to produce and buy, businessmen and consumers have pushed many a nation into serious inflation (see FOREIGN...
Superintendent Ragsdale was delighted. "I think the church will have 250 people by the end of the year," he said happily. "And in a few years we may have to buy more property and expand...
...verkusen. announced one of its most am bitious projects. With Anglo-Iranian Oil Co.'s German subsidiary, Bayer will build a $60 million plant near Cologne to crack 2,100,000 bbl. of oil a year into basic chemicals for plastics and synthetic fabrics. This will vastly expand Bayer's production of 13,000 different chemicals, dyes, drugs, resins and photographic products (Agfa), which last year rang up $380 million in sales...