Word: marketization
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Dates: during 1990-1999
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...purveyors of Teutonic practicality, are rolling out the kind of spiffy variety--from elegant sedans to sport utes--to bring it into touch with today's big-spending yet more finicky car buyer. Meanwhile, Jaguar, for the first time in more than a decade, has expanded into a new market segment with its S-Class and plans to introduce a small "Baby Jag" next year...
...luxurious turn, if this week's annual North American International Auto Show in Detroit is any indicator. Nearly a dozen automakers are unveiling new models or concept cars aimed at affluent buyers--the goal being to win a place on the open, prosperous highway of the American luxury-car market. Says Michael Dale, president of Jaguar North America: "The economy is wonderful, Wall Street is doing great, and people want to buy a car that feels like more than just transportation. Frankly, you're just not going to get that in a Firebird." John Smith, general manager...
...while admissions and financial aid officers seem to have lost some of their control over their market, students may have benefited from the situation...
...moves more broadly into pharmaceuticals and medical procedures. It's not just a matter of consumers' smelling something very fishy in the idea of tomatoes given an antifreeze-producing gene from the winter flounder. More broadly, society--at least European society--is beginning to view genetic science as a market-impelled juggernaut out of control and wearing moral blinders...
...agriculture, in which purely physical characteristics like milk production in a cow or low fat in a hog have real market value, biological carbon copies could become routine within a few years. This past year scientists have done for mice and cows what Ian Wilmut did for Dolly, and other creatures are bound to join the cloned menagerie in the coming year...