Word: outputs
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Dates: during 1970-1979
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...order into the economy. Most argue that controls or central planning will lead to increased output, more equitable distribution of goods, and a concentration of resources in socially useful production. Explains Claude Estier, a national secretary of the French Socialist Party: "We consider it necessary to direct the economy toward the general interest rather than toward the interests of a small number of capitalists...
...problem that virtually every Marxist-Leninist state faces is lagging agricultural output. Almost invariably, collectivizing or communalizing farms deadens initiative. Food productivity thus remains low, despite enormous investments in farm machinery and irrigation systems. Although 85% of Poland's farm land remains in private hands, output is poor because low official prices provide no incentive for the farmer to work harder...
Yugoslavia seems to have the fewest economic problems among Marxist-Leninist states. It also has the least rigidly controlled economy in Eastern Europe, although Hungary is also testing innovative ways. Much Yugoslav economic planning and management has been decentralized. Initiative, hard work and quality output have been rewarded with generous bonuses and wage hikes. As a result, Yugoslav plants vastly outperform the state-owned enterprises in most other Communist-ruled countries. They also turn out an abundance of consumer products that make Belgrade, Zagreb and other large Yugoslav cities look more West European than Balkan...
...economy, Hungary scarcely differs from other East bloc nations. The state owns nearly 100% of the means of production. But Kadar's N.E.M. permits an unusual degree of flexibility. Factory managers, while gearing output to the central plan, can innovate to improve their product and enhance its consumer appeal. They are even allowed, within discreet limits, to compete with one another on price and delivery dates. As an incentive for managers and employees to design, manufacture and market high-quality goods, the party's economic planners often use an old capitalistic ploy: material rewards in the form...
...took the ice for the third period with score tied at 2 apiece but UNH's Bruce Chowder put his team up at 0:21 on a power play goal. Bill O'Neill, who came into the contest with only two goals on the year, doubled his output with two tallies less than two minutes apart...