Word: expansionism
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Dates: during 1980-1989
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Overall, the U.S. is undergoing shifts in employment similar to those that have taken place regularly since the industrial revolution. When millions of jobs were lost on farms, new ones in industries such as steel and textiles grew up. The expansion of services and the shrinkage of some older occupations...
By going public, Vuitton will be cashing in on a remarkable boom. Sales of its luggage and handbags have surged more than eightfold since 1977, when Henry Racamier, a retired steelmaker whose wife is a member of the Vuitton family, took over as president. At the time, Vuitton had only...
DIED. Peter C. Wilson, 71, English art salesman extraordinary and longtime chairman of Sotheby's, the world's leading art-auction firm, who was responsible for transforming the genteel, Old World establishment into a glamorous high-tech $575 million-a-year business; of the effects of diabetes; in...
In 1982 Frank Stanton, former president of CBS Inc., bought a half interest in AccessPress, giving it the financial base for further expansion. Within the next three years the partners plan books on Chicago, London, money and investments. Wurman, a TV fan, is contemplating an Access for popular programs such...
In the fall, President Bok proposed creating three joint professorships between the Design School and the Kennedy School of Government in housing, transportation, and urban development. And in the spring, school officials began discussing a major expansion of its academic scope and ways to alleviate its financial problems.