Word: multidivisional
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The newest reform builds on the last, which supposedly gave more authority to directors of individual factories. Over the next three years, plants that make related products are to be grouped into "production associations" that are to function roughly like large, multidivision U.S. corporations; each will have its own board...
It is possible that the German electorate, anxious for peace, will swing towards the moderate coalition, weakening the virulence of the Nationalist opposition. The liberal parties under the leadership of Marx will then be able to exert a unified control over the Reichstag majority, to put through the Dawes plan...
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