Word: expansionism
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Dates: during 1980-1989
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The 26 delegates met with John Paul in an ornate sitting room at the home of James Holderman, president of the University of South Carolina. For more than an hour the leaders discussed what one observer called the "expansion of spiritual commitment and their common grounds of baptism, the Lord...
As high as that sounds, the sum the Reids paid for their home is not all that unusual in the U.S. of 1987. In suburban developments from Newport Beach in California to West Bloomfield near Detroit and from North Stamford, Conn., to the Buckhead area of Atlanta, luxury houses that...
As new franchise operations have popped up, many established chains have been enjoying explosive expansion. The number of Meineke muffler shops has jumped from 390 to 541 since the end of 1985, while Domino's Pizza has increased the size of its chain by 38%, from 2,839 to 3...
In theory, at least, a bull market makes it easier for businesses to raise money for expansion and modernization by selling new stock. That effect may be muffled because big companies have run up worrisome debts either carrying out acquisitions or fighting off takeovers. But smaller firms are raising huge...
A more immediate problem is oversaturation of the market. Like baseball expansion, the proliferation of comics has led to a diffusion of talent. "The quality is getting thinner," admits Silver Friedman, co-founder (with her ex- husband Budd) of the Improvisation club in New York. So far, however, the ranks...