Word: offing
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Dates: during 1950-1959
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(4 of 11) fast that Britain's Institute of Directors lists 25,000 members; a decade ago there were only 400. Also spreading is the U.S. style of low-markup, high-volume operation. Germany's Mail-Order Magnate Joseph Neckerman has grown into a sort of Teutonic Sears...
In France, the De Gaulle government's equivalent of the Small Business Administration works hard to modernize the small shops, sweep away the prejudices against middle-sized and big entrepreneurs. Says France's Economic Planner Jacques Rueff: "I want to open the windows and let in some air...
As industrialization called forth new skills, the French workingman's average pay jumped 60% (to $80 monthly) in a decade; Danes and Norwegians average 84? an hour, v. 42? ten years ago, while Swedes get a minimum $1.16 an hour, v. 50? an hour in 1948. The British secretary...
Soda Pop & Slocks. "The poor working class no longer exists in England today," says Donald Tyerman, editor of London's Economist. The so-called proletariat that was the bulwark of socialism and Communism is giving way to an immensely enlarged middle class, intent on acquiring all the trappings of...
As for those familiar national caricatures, says John Treasure, managing director of British Market Research Bureau Ltd., "the stereotype of the typical Englishman is changing; the 'new Englishman' lives in a home with central heating, drinks canned beer or soda pop while watching television (having just eaten a...