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Word: ownership (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...capitalism." From their oil exports, mostly to the West but also to their East European allies, the Soviets earned $2 billion last year. However, Russia will rapidly scrape the limits of its self-sufficiency if it is to meet plans to expand its petrochemical industry and treble auto ownership (to 9 million cars) by 1980. Soon the Soviets will have to restrict oil sales and greatly increase the preferential prices that they charge to their Comecon partners. Last year Poland reportedly had to buy a large amount of Libyan crude, at $16 to $20 per bbl. Strapped for hard currency...

Author: /time Magazine | Title: FAISAL AND OIL Driving Toward a New World Order | 1/6/1975 | See Source »

Already, as Saudis assume complete ownership of their oil wealth, new towns are being planned, wells dug, and air conditioning added to overcome summer heat that regularly reaches 120°. Hospitals and schools are being built, roads extended, and communications facilities improved. Saudi Arabia, which by autumn 1975 will surpass West Germany as the world's leading holder of foreign currency reserves, intends to spend huge amounts of money within five years to balance oil production with such industrial activities as petrochemical production, steelmaking, shipbuilding and fertilizer manufacture. Not surprisingly, the plans have whetted great interest abroad. Moslems...

Author: /time Magazine | Title: Man Of The Year: A Desert King Faces the Modern world | 1/6/1975 | See Source »

...vice versa. Spaying clinics are all underutilized, even where "binding" contracts for sterilizing are signed at the time of pet purchase. The fact that a vast majority of the puppy crop comes from the middle and upper classes of society means that the whole issue of tax-subsidized pet ownership has to be re-evaluated...

Author: /time Magazine | Title: Forum, Jan. 6, 1975 | 1/6/1975 | See Source »

Beginning this week, Americans can buy, hold and trade gold bullion for the first time since Franklin Roosevelt banned private ownership of the yellow metal 41 years ago. The lifting of the ban, effective Dec. 31, is surely the most passionately awaited marketing event since Repeal reopened the nation's borders to the world's eager distillers. In hopes of an American stampede into bullion, speculators from Amsterdam to Zurich to Johannesburg have engaged in a considerable gold rush of their own. Last week alone, the price of "free market" gold traded on the London exchange climbed...

Author: /time Magazine | Title: COMMODITIES: Get Ready! Get Set! Gold! | 1/6/1975 | See Source »

...bust-to-boom turnaround in Botswana began in 1967 with the discovery of the world's second largest diamond "pipe," a gem-rich geological formation nearly a mile across. The government's part ownership with De Beers Consolidated Mines, plus tax receipts from diamond exports, earned the country some $25 million last year, but that was only the beginning. Geologists reckon that the pipe may be good for 500 years of mining, and they have discovered a second one 30 miles away whose diamond deposits could be even more profitable...

Author: /time Magazine | Title: AFRICA: Botswana Bonanza | 1/6/1975 | See Source »

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