Word: marketization
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Dates: during 1990-1999
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Mike felt emancipated. The next morning he phoned the 800 number of the pension plan. A voice asked him if he wanted to shift some of his holdings from a retirement money-market portfolio to an OTC portfolio. The more buttons he pushed, the more such talk continued. Nobody said anything about Archer Daniels Midland...
...featured on packages of Close-Up toothpaste. Once a top seller in the '70s, the Chesebrough-Pond's brand is using Gordon and his wife to retool the product. With their faces on 3.5 million collectible packages and 25,000 store displays, the company says it has gained record market share."It's been phenomenal," says Nancy Heller, brand manager for Close-Up. "We thought it was going to be a regional program, and to our surprise, we were able to do this nationally...
...year of recession since the oil crisis of 1974. But this time the statistics are a little late with the story: "Japan has effectively been in a depression for four to five years," says TIME business columnist Daniel Kadlec. "They've been in a psychological recession since the stock market peaked in 1989. People who put all their money in equities then will never recover...
...GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY (1936) This study was John Maynard Keynes' major work. Not intended for the public, it had vast public consequences. By positing that government spending could revive sagging economies, Keynes rewrote the rules of free-market capitalism...
Recording companies like Columbia and Paramount recognized and quickly moved to exploit this untapped black music market, creating segregated "race records" divisions. It was several years before these companies saw that male blues too could generate profits...