Word: marketization
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Dates: during 1990-1999
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Even before the soccer celebration, signs of Khatami's new Iran were increasingly visible. Cinemas are showing Hollywood films such as Seven, starring Brad Pitt, who has become a favorite heartthrob in Iran. Titanic is a huge black-market hit, available only on pirate videos smuggled from New York City and Los Angeles. Boys are walking around sporting Leonardo DiCaprio T shirts, and girls are plastering their bedrooms with the teen idol's picture. Women are for the first time exposing polished toenails in public...
...museum (built in former stables) and view Diana's schoolgirl letters, her princess outfits and her stunning 1981 silk bridal dress. Nearly 150,000 tickets -- called "invitations to visit" -- have been sold. (It is said some 2,000 are still available and that there is an active black market for the invitations.) The cost is $15 for adults, $12 for senior citizens and $8 for children...
...inordinate amount of business in Asia. Just read business publications or the many investing features now available online for free or for modest fees. (See time.com for a selection of websites.) Once you know where and how a company does business, you can quickly find the bargains when the market throws a sector sale...
Finally, know this: when the stock market throws a sale, I buy hundreds of thousands of shares, and the price often goes lower before it goes higher. But if I've done my homework, I usually profit by being patient, and so will...
Girls have nevertheless proved to be a powerful market force by helping generate an estimated 30% to 40% of the movie Titanic's $580 million U.S. gross. All told, young women ages 12 to 19 spent $60 billion last year, according to Teen Research Unlimited. But many of them believe that when it comes to cultural content, they are being sold a bill of used and impractical goods. A 1997 study commissioned by the advocacy organization Children Now and the Kaiser Family Foundation found that 71% of girls ages 16 and 17 said the female characters on TV were unrealistically...