Word: plante
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Dates: during 1970-1979
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...recession is roughly defined as two consecutive quarters of real decline in the gross national product. Most of the six U.S. recessions since World War II have started with high interest rates' causing a slowdown in housing. Then; came reduced consumer spending and cutbacks in business outlays for plant and equipment. Even if the prospective recession follows that traditional pattern, though, most economists now believe it will be comparatively mild and not a repetition of the severe downturn...
...fiscal crunch led the mayor last May to borrow almost $18 million from the water department's capital-improvement fund to pay other departments' operating expenses. But now the water system has decayed dramatically: pipes are badly corroded and a filtration plant is in danger of closing down for lack of maintenance. Two weeks ago a local court ordered the water department into receivership while a regional authority prepared to take over its operation...
...mechanization make him independent of the Government Had he chosen to "set aside" (not plant) 20% of his 2,000 wheat acres this year, he would have qualified to receive a Government-guaranteed "target price" of $3.40 a bushel. Benedict elected instead to plant all his acres, gambling that eventually he will get a high enough price to make a larger profit on a bigger crop. Whether he wins he will not know for many months. He has signed a contract to sell 40% of his wheat crop, for a price that he says "will cover costs and a little...
...keep up the rate of technological innovation that has made U.S. agriculture the productivity wonder of the world. So far, agricultural tinkerers are continuing to develop new techniques and devices. One of them: a herbicide sprayer with a receiver that catches any spray that does not hit a plant and recycles it into the pump, economizing on spray and preventing pollution of the ground. Another innovation is an irrigation system that covers even more ground than a center-pivot machine; it is a diesel-powered contraption that pushes a boom a half mile long and irrigates 320 acres...
...rotation. Insecticides and herbicides have done away with the need to rotate crops in order to keep pests from infesting the soil. No longer must a farmer periodically allow his best land to lie fallow, or plant it with unprofitable crops...