Word: growth
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Dates: during 1970-1979
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Political observers see the introduction of standardized testing as the latest move in China's campaign to modernize rapidly through building up a technocratic, managerial elite, ending Mao's long-term efforts to eradicate all hierarchy and status inequalities even at the cost of slower growth and inefficiency. Experts also note the testing may be evidence of growing strength within the Chinese hierarchy by the backers of Teng-hsiao Ping, who was intrigued by the massive test-administering bureaucracy he saw when he visited the U.S. Hua Kuo-feng is a known foe of SATS, and the establishment...
Troubles in Iran threaten higher energy prices and slower growth...
...economy would be severe. U.S. consumer prices would continue rising at a dizzying double-digit pace, forcing the Federal Reserve to stick by its anti-inflation policy of sky-high interest rates much longer than expected. The almost inevitable result: a deeper recession than so far forecast. Despite slumping growth, the nation's oil import bill, which is projected to total $61 billion this year, would leap to $96 billion in 1980. That in turn would keep the dollar's value dropping, while provoking yet more demands by oil states for compensating price increases. The vicious cycle would...
...begun the tedious and uncertain process of drawing the public-at-large into a coalition that currently exists only as a fragile compact among leaders of disparate organizations who have agreed temporarily to paper over their differences. Though its conference last weekend exhibited DA's continuing slow but steady growth, Democratic Agenda is only a beginning. If the Agenda platform is to provide a launchingpoint for greater economic democracy in America rather than an expedient steppingstone for a business-as-usual Kennedy candidacy, coalition members will have to work on permanently transforming the outlook of the electorate from...
Even more important is the rapid growth of women in the blue-collar force. Over three-fifths of all U.S. women aged 20 to 64 hold jobs and are tremendously affecting the current economy. One example: productivity is flat, in some part because many women are holding first-time jobs and are not so well trained as men. But as the newcomers gain experience, productivity will rise...