Word: fractionalism
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Dates: during 1950-1959
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...pulled them toward the earth. If the airplane had kept its original course, it would have passed by them, but its steepened dive made it intersect their down-curving path. When it hit them, they must have been moving so slowly that the airplane overtook them at a good fraction of its own air speed, which was about as fast as many a newly fired bullet...
Belatedly the government permitted a fraction of the incoming dollars to go into a free market, and forced importers of luxuries to buy them. It reclassified many essentials as luxuries. Growing demand for the free dollar drove it up from 3.75 pesos a year ago to 5.12 last week...
Italy's government takes a dim view of any such move. Although the China trade could become more important, Rome realizes that it will never amount to more than a fraction of Italy's trade with the West. Said one Italian official last week: "The Communists could conceivably flog their people to death to get money for foreign purchases. But how long can a market of that sort last...
...technical surplus, shipping costs from many exporting nations are so high that millions of consumers all over Asia cannot afford all the rice they need and should have. Thus, by growing rice in Australia, close to the markets, Chase hopes to chop shipping costs to a fraction of what it costs the U.S., for example, to ship rice to Japan...
...regards prices, terms and conditions in the sale of its buses." G.M.'s leadership, he said, is based simply on the fact that its buses operate "from 1.5? to 2.5? per mile cheaper than competitors' buses. The economics of the motor-coach industry are such that a fraction of a cent operating cost per mile can spell the difference between success and failure of the operator. It would appear that the action seeks to regiment the customer-in effect telling him that he is not free to buy the product where he can get it to his best...