Word: productive
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Dates: during 1950-1959
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Last year, the company estimates, 90% of all U.S. concert performances were played on Steinways, and this is the sort of success the firm lives for. It does not trouble them that the total production of Steinways is only about 3,200 a year (half of them grands, the rest uprights and spinets), or some 2% of U.S. output.* The company long ago decided to concentrate in the prestige market, set out to persuade artists to play and endorse its product, built the first Steinway Hall to help the scheme along...
...camera bag" to supply a decent living standard for South Korea's 22 million people. In three years, 600,000 homes have been destroyed; because of a high birth rate and the influx of tens of thousands of refugees, 900,000 new or rebuilt houses are needed. Coal production is down 50% from prewar. Grain output, the core of Korea's economy, is off from 3,500,000 tons to 2,300,000. In a nation whose gross national product is $1.4 billion, property damage is estimated anywhere from $1 billion to $3 billion...
Even the Fair Deal's onetime economic weatherman, Leon Keyserling, could see few storm signs ahead, told a Manhattan audience: "The years ahead...can witness an unparalleled period of economic stability and growth...It is my firm conviction that we can lift our annual national product from about $375 billion now to close to $500 billion...
...seeking specialists-except for specialized jobs-but to go after men with wide, overall interests, especially those who have demonstrated qualities of leadership and ability to get along with people. Industry is discovering that the man who can run one company can run another one making an entirely different product, because the qualities required for most top jobs are virtually identical-the ability to judge and pick men, to adjust easily to change, to make sound decisions quickly and firmly...
Panacea. In Houston, the federal D.A. filed suit to seize and condemn 1,100 pills stocked by the McDonald Prescription Laboratories, Inc., which advertised that the product would temporarily relieve "physical strain...nervous tension, excessive alcoholism, loss of sleep...laziness," and would also make the user "feel good and look better and nicer...