Word: expansionism
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Dates: during 1970-1979
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More serious analysts point to the fact that, historically, rapid economic expansion and ethnically mixed populations have produced crime?hence the waves of violence in the U.S. in the middle and late 19th century. Another factor that historically has been accompanied by crime, points out Sociologist Marvin Wolfgang, is individual...
Because native capital and technical know-how are scarce, Keating has been traveling from Tokyo to Houston persuading industrialists to invest in the thinly peopled (pop. 3 million) republic. On just one swing in April and May to Japan, Australia, Canada and the U.S., Keating brought back $150 million in...
The Fogg Museum isn't sitting back and taking its 50th anniversary presents gratefully--it's going out and looking for them. It began a $15.7 million fund drive this year for renovation and expansion.
One reason: the shift by Federal Reserve Board Chairman Arthur Burns to a tighter monetary policy. Burns fears that an overly rapid expansion of the money supply might fuel inflation (TIME, June 6). His view was disputed last week by Budget Director Bert Lance, who complained that the Fed'...
OPEC Surpluses. The quickening flow of loans to those LDCS that do not produce oil is particularly bothersome. A study by Morgan Guaranty Trust Co. shows that net new international borrowing by these countries leaped by $109 billion from only 1974 through 1976. In all, the non-oil LDCS now...