Word: expansionism
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Dates: during 1940-1949
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The professors of the "dismal science" have always scotched this sunny Stevenson couplet. To such economists as Thomas Robert Malthus and John Stuart Mill in the 19th Century and John Maynard Keynes in the 20th, the world did not seem so full. Any economic system, said the Mill school, would...
Potential Paradise. The basic materials for such expansion seem adequate in the U.S. for centuries to come. U.S. coal seams will last for "thousands of years." Known high-and medium-grade iron ore deposits in the U.S. will last 40 years, lower-grade ore some 600 years. Moulton also expects...
Triple Play. The Italian venture is the most spectacular example of Coca-Cola's profitable global expansion. With more than 370 bottlers operating outside the U.S. at present, the company intends to triple that number within five years.
No one was saying what touched off the explosion, but shrewd La Salle Streeters put their finger on one possibility: the opposite postwar policies of Montgomery Ward and U.S. Gypsum. At Ward's, Avery has pulled in his horns and refused to expand, piling up cash for the depression...
If these changes were made, McCabe thought that business could step up expansion. Said he: "I am a confirmed optimist regarding the future of America. I firmly believe that the basic characteristics of our economy are expansion and growth. Economic expansion today presents a strikingly different challenge from that of...