Word: productions
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Dates: during 1960-1969
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...bound to go still higher unless some action is taken by the Administration. Reason: the economy shows every indication of overheating. Buoyed by the Viet Nam war and un-slackened consumer demand, it appears headed up through the end of 1966 at the very least. The gross national product should total $739 billion this year, $12 billion more than Administration economists predicted in January. This would mean 1,000,000 more jobs than anyone anticipated, and a decline in unemployment from the current rate of 3.9% , already the lowest in 18 years...
...Weinstein and Barry Davidson, young doctors at Tufts-New England Medical Center, started experimenting with water beds made from sheets of plastic stretched over tubs. The basic idea came from 19th century doctors who tried water mattresses constructed on the same principle. But like its predecessors, the Weinstein-Davidson product weighed in at an impractical, beam-breaking 3,000 Ibs. The doctors did not give up, though, and lightweight improvements on their design, manufactured by the Scott Paper Co., now fit standard hospital beds. The hollowed-out, foam-rubber mattresses have inserted plastic sacs that fit patients like a cloud...
...first there was Djibouti. Djibouti is the coastal capital of French Somaliland (pop. 100,000), a tiny toothmark of rocks, desert and hot wind located on the African side of the mouth of the Red Sea. Its only notable product is a wine concocted from the doom palm, its principal source of income a narrow-gauge railway from Ethiopia to Djibouti's excellent port. Offered its independence in 1958, French Somaliland turned it down, and is now the only French colony in Africa. Three-quarters of the voters in a national plebiscite elected to retain their ties with France...
These tiny devices-called integrated circuits because their components are built as inseparable parts of one solid chip-are already displacing the transistor as the glamour product of the electronics industry (see following color pages). First developed in 1958 by Texas Instruments Engineer Jack Kilby while he was tinkering in the laboratory during a hot summer vacation, integrated circuits (or ICs) did not become generally available until 1962, when design improvements and refinement of production techniques allowed electronics companies to turn out some 60,000 a year. In 1966, the industry will produce 35 million ICs worth $150 million...
...some $10,000.) In the Goldberg case, relaxing the privity requirement also imposed "strict liability" on the manufacturer. Under this principle, the plaintiff is not obliged to show that the manufacturer lacked foresight or was actually negligent in causing the defect. The plaintiff need only show that the product was faulty and that the injury occurred. In short, consumers are now entitled to assume that more and more products will work safely, as advertised, when normally used...