Word: product
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Dates: during 1960-1969
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...institute, the teachers spent the morning in traditional classroom sessions on campus, hearing lectures by experts on the legal and medical problems of the poor, employment, community-action programs and school decentralization. This constituted their "basic training," explains Ray Towbis, 37, a tough-talking product of Brooklyn slums who, together with City College's Don Peterson, helped organize the institute, and did much of the lecturing. "In the afternoon, they went into combat They weren't going out on no field trips to see the natives. The real contents of the course was in the streets...
...overall economy. Retail sales leveled off months ago, and auto sales have turned sluggish. New orders for durable goods declined 3% in June. For the first time in eleven months, manufacturers were filling old orders faster than new business was coming in. So far in 1969, the gross national product has risen at a real annual rate of only 2.4%, compared with the 6% increase of 1968's first half. The real growth of the nation's economy has moved down in each of the past four quarters...
...than over Los Angeles, and beaches are badly polluted. The government is moving to relieve some of these ills, but has had little success coping with high prices, which are caused partly by the consensus system. In Japan, no manufacturer sells directly to a retailer. Tradition decrees that every product pass down a long line of wholesalers, mostly very small, each of whom takes a cut that adds to the price...
Japanese companies are loaded with unneeded employees who can never be fired-and this leads to relatively low productivity. On the average, the Japanese worker produces only 50% as much as the West German and 25% as much as the U.S. worker. Japan's gross national product, at $142 billion last year, edged ahead of West Germany's largely because Japan has twice as many workers as West Germany. But this advantage may soon be weakened because Japan faces a severe labor shortage...
...conventional documentary which attempts to set Miguel's story in context, to explain in party why Miguel is unskilled, why a country so rich in resources has so little for its people. The answer lies in Brazil's history of foreign economic dominations, a history of successive one-product economies (sugar, gold, diamonds, rubber, coffee) developed by foreign capitalists and then subverted by fluctuations in the world market. Subjugated by Dutch, English, and American capital, the labor force (including African slaves) was shunted from state to state...