Word: lar
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Dates: during 1960-1969
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...Government might try to make the ghetto a high-profit magnet. For example, it could give bigger tax write-offs for ghetto investments, cheaper loans, and guarantees simi lar to those it offers to U.S. investors in underdeveloped countries. The inducement of tax holidays made Puerto Rico's Operation Bootstrap a resounding success. If the business man and the Government looked at the ghetto as an underdeveloped country, they would in fact see one of the world's greatest potential markets. If black incomes were brought up to the white level, businessmen would have a new market of about...
Deeper down, inflation caused some dangerous distortions in the U.S. economy. Consumers and businessmen rushed to borrow, spend and invest, hustling to convert their cash into goods or services before the value of the dol lar declined still further. All this only stoked inflation, and led to an abnormally steep demand that may cause an abrupt contraction on some less lucky tomorrow. As usual, some of the worst victims of inflation were the poor, who had to pay more for everything and lacked either the resources or the sophistication to invest in property or paper with a rising value...
According to the study San Francisco is the most popular city to live in, while Detroit is the most unpopu- lar. Suburbia is the preferred residential location, with the big city in second place. The expected starting salary varies with the field of work, the highest being $775 per month for those in business, and the lowest $675 per month for a government...
...Sheffield Industrial Mission, he quit a pastorate in the Detroit industrial suburb of Ypsilanti to spend three years learning what modern busi ness was all about. In 1956, with the encouragement of the Michigan Council of Churches, he set up the Detroit Industrial Mission. Now there are simi lar missions in ten cities, linked by a national committee that last month held its first organizational meeting in Bos ton, coaxed Father White into accepting its executive directorship. Worth Loomis, a Presbyterian layman, is permanent president of the committee...
...Northern Ireland town of Bangor and the Ohio town of Sandusky are simi lar in size and economy (tourism and shipping). They were thus suited to be among some 30 paired communities used in a two-year study of the quality of grade-school education in the U.S. and Britain. A team of University of Toledo educators, headed by Professor Robert L. Gibson, gave pupils in the paired towns identical achievement tests in English usage, arithmetic and read ing. The findings, first factual evidence on a much debated question, show that U.S. children start slower than British kids but edge...