Word: forli
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Dates: during 1950-1959
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The Test of Vigor. More and more research is needed. Although industry spent $10 billion on research this year, it will have to spend still more. "The company that stints on research these days," says General Telephone & Electronics President Don Mitchell, "will give some short-term gain to its profit...
(3 of 11) even 1954's tourist - would hardly recognize the place. Throughout West Germany, old military installations have become light industrial plants; along the middle Rhine, from Karlsruhe to the outskirts of the Ruhr district, new oil refineries and petrochemical plants are popping up like mushrooms. France'...
One for All. As a result of its economic strength, many a European nation felt confident enough to lower some of its trade barriers and chop away red tape. The Common Market (West Germany, France, Italy, The Netherlands, Belgium and Luxembourg) in its first year was such a resounding success...
In France, the De Gaulle government's equivalent of the Small Business Administration works hard to modernize the small shops, sweep away the prejudices against middle-sized and big entrepreneurs. Says France's Economic Planner Jacques Rueff: "I want to open the windows and let in some air...
Soda Pop & Slocks. "The poor working class no longer exists in England today," says Donald Tyerman, editor of London's Economist. The so-called proletariat that was the bulwark of socialism and Communism is giving way to an immensely enlarged middle class, intent on acquiring all the trappings of...