Word: marketed
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Dates: during 1970-1979
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...curiously, treated almost as honorary whites under the apartheid laws. The first Asians were imported in 1860 to work as indentured laborers on the sugar estates then being started in the fertile coastal regions of Natal. Some who had come over as traders eventually started small shops or became market gardeners and hawkers. Many have branched out into the manufacturing industries, mostly in textiles and clothing, rice processing and sugar milling. Like the coloreds, South African Asians have their own schools, including the University of Natal (Westville...
...clinics in Pennsylvania, Ohio and West Virginia where he treats some 25 people a week with past-lives therapy at $75 per session. An Arizona couple, Dick and Trenna Sutphen, who say they first met and married thousands of years ago, not only operate group seminars but also market tape recordings enabling patients to treat themselves at home. Typically Dick Sutphen hypnotizes 150 customers at a time; by unearthing the secrets of their past lives, he claims, he helps them overcome depression, tension and sexual problems...
...Greenspan's view, the many uncertainties are preventing businessmen from making needed investments, such as expanded research programs to develop new sources of energy. Executives see such serious risks that they will start only projects promising a high, and quick, profit. Says Greenspan, borrowing a football term: "The market system's ability to adjust to perceived future imbalances is being blind-sided by these very high risks...
Nowhere is uncertainty more pernicious than in the stock market. The Dow Jones industrial average, down more than 16% so far this year, closed last week at 839.14, down 17.67, its lowest level since December 1975. Some members of the Board of Economists are fearful that the drop will have an unsettling psychological effect on the whole economy. One reason is that the market is regarded as a highly visible-but far from infallible-indicator of future business trends. Studies have shown that over a 100-year period, of 43 expansions and recessions, stock prices anticipated 75% of the business...
British Chancellor of the Exchequer Denis Healey possesses a splendid-some think notorious-gift for Panglossian rhetoric in the face of economic distress. Last week he held forth with customary ebullience on Britain's economic prospects. But this time his optimism was well grounded. In addresses to Common Market finance ministers in Brussels, the Chancellor detailed evidence of solid performance...