Word: landed
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Dates: during 1980-1989
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THERE are also more immediate harmful consequences of a lower dollar. As American goods get cheaper, so do American land, assets and factories. Already more than one-fifth of all domestic bank assets are owned by foreign banks...
When a fungal disease began ravaging Levy Bryant's four-hectare cacao farm a decade ago, the landowner could have done what other besieged farmers have | done. He might easily have picked up an ax and begun cutting down more tropical rain forest around his land on Costa Rica's Caribbean coast. He could have sold the timber from the tall laurel trees that shade the cacao bushes, then burned the dense virgin forest on the hill behind his farm. Then Bryant, like so many financially strapped small farmers in Latin America, could have sown pasture and sold the land...
That Bryant did not rush headlong down this slippery ecological slope is in part testimony to Costa Rica's commitment to its dwindling natural resources. The country has more than 20 national parks, wildlife preserves and other protected areas covering 2,577 sq. mi., or 13% of the land. Moreover, the nation's stable democracy has attracted hundreds of scientists and ecologists, making Costa Rica a laboratory for finding out what is possible in terms of sustainable development in the tropics...
...encroachment of cow pastures on the cloud forest at Monteverde spurred another of Costa Rica's efforts to save its natural heritage. In 1972, 350 hectares of land owned by American Quakers who had settled the region in the 1950s were set aside as a private reserve. Over the years that has grown to 10,500 hectares. One key to preserving this huge area was to allow local people to develop a tourist business. In five years the annual number of visitors has gone from 6,000 to 15,000, and could climb to more than 30,000 when...
...land and water are not in any better shape. The riverbed of the Neva, which meanders beside the magnificent Hermitage in Leningrad, is covered with a thick layer of oil. Ill-advised dam construction and inappropriate irrigation projects have caused the level of the Aral Sea to drop 40 ft. It is possible that this body of water, the world's sixth largest sea, will not exist in 20 years. Siberia, once pristine, is laced with wastes from steel, chemical and coal industries. Worrisome numbers of dead sturgeon are floating atop the polluted Volga River, threatening the Soviets' prestigious caviar...