Word: product
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Dates: during 1960-1969
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...this unprecedented prosperity is the astonishing productivity-the output of goods and services per man hour-that has trebled since 1917, far outstripping the performance of workers in any other industrial society (in 1960, European workers, for example, roughly reached the level of output attained by the American worker in 1925). In 1917, the U.S. farm worker could feed eight people; today, he feeds 40. In 1917, when the U.S. population was 103 million, the nation's gross national product was about $75 billion (in prices adjusted for inflation) compared with about $800 billion now, for a population...
...just over the horizon, along with a gross national product that seems likely to top a trillion dollars by the early 1970s, is an array of new machines, teaching methods, foods and other tools that will help man cope with such compelling problems. The next 50 years promise to provide even further evidence that the capitalist system is the most productive in human history...
...manufacturer (after Du Pont), has revitalized itself in the face of increasing competition and falling world prices in key chemicals. Under Chambers, an economist, the company brought in a U.S. management-consultant firm to streamline its organization, moved more vigorously into plastics and synthetic fibers, expanded research in such products as weed killers, antimalarial drugs and fertilizers. Chambers also prodded I.C.I.'s eight product divisions and 257 subsidiaries into becoming more aggressive in staking out new markets...
...fair. We do see some very tasteful advertising as well as the other kind. Consider the Volkswagen campaign as an example. No cheesecake. The vehicle is sold on its merits. Frequently the ads actually poke fun at the product. But sales are still climbing...
...difficult to reconcile the expressed interest of business in raising the level of society with the taste and the intellectual level of its advertising. Why does sex have to be used to sell everything? Why can't business sell a product on its own merits? I would like your comments on this. Fred W. Sayre...