Word: product
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Dates: during 1960-1969
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Later on, answering questions from Michigan's Democratic Congresswoman Martha W. Griffiths, Gordon added that a balanced budget, achieved through either higher taxes or lower expenditures, would lead to "a sharp decline in gross national product" and an unemployment rate "approaching 10%" of the labor force (the figure is now 5.8%). His denial of Byrd's charges was based on the fact that he was talking about "current conditions," had never said that a balanced budget would be economically harmful as such...
Sudan's anti-Christian campaign is a product of history and geography, as well as of Islam's militant spread across modern Africa. The 8,000,000 Sudanese of the sandy north are Arabic and Nubian in origin, and Moslem to a man. Most of the 4,000,000 inhabitants of the swampy and forest-covered south are black Africans, who know that in the days before British rule Arab traders sold their ancestors into slavery and have long sought some measure of local autonomy from Dictator Ibrahim Abboud's all-Moslem government. Since Independence...
...that 90% of American homes are saving up for "free" gifts. It is a rare grocer who can afford not to give out stamps with purchases. Nonetheless, Minneapolis Businessman Curtis L. Carlson was nagged by the fact that present trading-stamp plans develop "store loyalty" but do nothing for "product loyalty." Carlson, 48, who built Gold Bond into one of the nation's leading trading stamps, had just the solution: let the manufacturers give away stamps too, so that the housewife can collect two sets of stamps-one at the grocery shelf and one at the check-out counter...
...potato chips. Cold sufferers who grapple for that first sheet of Kleenex, for example, will have to watch out for the coupon imprinted on the pull-out tab. Developed after a two-year study, the coupons will cost companies 1¼? for five (after a $9.500 initiation fee per product) and, unlike other trading plans, will be paid for only if redeemed for the traditional catalogue of goods that Gift Stars intends to offer as premiums. As an added fillip, the stamps will be coded for computers, which will be able to tell a manufacturer the buying habits...
...nations, the prospects for foreign investors are steadily deteriorating. In Chile, where strikes in the U.S.-owned copper mines have become an annual rite, and taxes run as high as 81% of profits, Anaconda and Kennecott have scrapped expansion programs totaling $325 million. In Argentina, where the gross national product actually dropped 10% last year, some 35 U.S. companies have recently canceled investment plans. New investment in Brazil has been discouraged by a law that prohibits foreign companies from withdrawing any profits above 10% of invested capital and by expropriation of an International Telephone & Telegraph facility in Rio Grande...