Word: marketed
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Dates: during 1970-1979
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...have alternated as Premier half a dozen times. The two-man game of musical chairs has done nothing to resolve the country's protracted economic woes, which include a 70% inflation rate, 20% unemployment and shortages of everything from coffee (Turkish coffee is available only on the black market) to diesel oil. Moreover, religious and ethnic feuds have led to a frightening increase in violence. In the past 21 months, 2,100 people have been killed, most of them in confrontations between left-and right-wing extremists...
Kennedy assumes he will get the support of the left in 1980. After all, who else can the left go for? So he has already begun creeping towards the political center, talking about anti-inflationary crusading and the need for good old American free market competition in many industries. He's even selling his national health program as a privately insured system, a chance for financial corporations to profit from the sufferings of the old and diseased...
...world jumped, in different directions. International financiers praised Volcker's move; after all, he announced the policy immediately after returning from an International Monetary Fund conference in Belgrade, where those same financiers had most likely given him a pep talk for such a program. Stock market investors ran scared, seeing only the deepening recession Volcker's plan would induce. Liberal politicians didn't like this talk of lowering the standard of living for the sake of such unromantic concepts as "managing the money aggregates." Bankers, who had always looked to the Fed as a bellwether for interest rates, were...
...needle yet able to store 64,000 bits of information. Bell & Howell's Frey maintains it is a myth that only small firms can be innovative, adding that only large corporations have the capital and the distribution network to take new products from lab to market...
...problem is rising production costs, a shortage of skilled labor and, most important, the financial and technical burdens of meeting the increasingly stringent pollution and safety requirements in the European companies' important export market, the U.S. The costs of retooling plants to manufacture cars that meet U.S. standards will add about 20% to the sticker price and cut deeply into profit margins. Lamborghini, which makes only eight to ten cars a month, has already written off the U.S. market rather than invest the money required to meet its specifications. Maserati, which sends half of its output...