Word: product
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Dates: during 1960-1969
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Lemass' bold program of industrialization has already created new jobs and wealth in an economy whose primary product, beef for Britain, has been the same for as long as there have been potatoes to go with it. As new opportunity at home lowers the perilously high emigration rate, the government is finally beginning to rebut the bitter quip that Ireland is "a home for men rather than a breeding ground for emigrants and bullocks." The country's rapturous huzzas for John Kennedy were more than an expression of pride in a Gael made good -to many young Irishmen...
...Keep Alicia Moving." She was Captain Joe's daughter, the child he raised like a son. From the age of four, when he sent her to Berlin to learn German, Alicia was a product of his restless ways. Full of her father's high spirits, she was troublesome enough to be bounced out of two of the world's fanciest finishing schools before managing to get through Foxcroft. She roamed Europe with her mother and sister, but her mother finally despaired of trying to keep her in tow. When Mother cabled Joe asking him to talk...
Problems & Prospects. Increased productivity helps explain relatively stable prices and declining labor costs in a time of economic growth. U.S. Steel's labor costs per ton of steel shipped in 1962 were the lowest in three years. But the increase in labor efficiency also adds to the nation's problem of unemployment -which rose to 4.8 million job hunters last month. A decade ago, one new job was created with every $10,000 gain in the gross national product; now the increase has to be more than...
...prediction on a year-long study he produced for Marshall Field's Chicago-based Field Enterprises. "Automation," says Diebold, "is going to change totally the way in which a newspaper is edited -the environment in which you work, the tools that you use, and the kind of editorial product that you produce...
Branch-Plant Economy. One reason Canada is doing well is that its neighbor is too. Much as it rankles, Canadians still have a branch-plant economy that is largely dependent upon the U.S. But Canada is growing even faster than the U.S.-its gross national product jumped 8% last year to $40.4 billion, is expected to rise 5% or more this year-because the devaluation of its dollar (to 9210 of the U.S. dollar) has given Canadian goods a price advantage in world markets. Exports are surging while imports remain steady, and last year's trade surplus...