Word: productive
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Dates: during 1980-1989
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...market crash forced many business majors to reassess their goals and % tactics. Careers in sales, marketing and product development with large U.S. corporations suddenly seemed more satisfying than the stress and insecurity now promised by a career in investment banking. Typical of this year's class is John Christ, 21, an economics major at Harvard. Having decided against a career on Wall Street, Christ is planning to be a management consultant. He wants, he says, "to get broader exposure to what is going on in the business world, meet a lot more people, and work with a team...
Even if Schluter and his allies eventually win the latest skirmish, Danish ambivalence toward NATO is unlikely to fade. Defense spending has dwindled to 2.1% of the country's gross domestic product, one of the lowest rates in the < alliance. (Norway, by contrast, spends 3.1%.) Since 1965 the armed forces have been roughly halved, to 29,000 personnel...
...NATO defense ministers are scheduled to meet in Brussels to ponder those issues and look at what Western Europe might do to stop the grumbling in the U.S. One answer: greater spending by the West Europeans. With a combined gross domestic product of $4.3 trillion, they are as strong economically as the U.S., and their total population of 374 million is one-third larger than that of the U.S. The likelihood that defense outlays will increase is dim, however, since European economic growth rates are slowing. Another inhibiting factor, a senior U.S. official notes, is that "arms talks are making...
Even parlor operators are getting the message. Rich Boggs, president of an Atlanta company that runs four health clubs, removed all but two of the clubs' ten tanning machines a year ago. His concern was justified: based on a survey of 62 hospitals, the Consumer Product Safety Commission estimates that there were 1,781 emergency visits nationwide last year for injuries related to tanning booths. The year before, Teenagers Jennifer Tyree and Aida Sabato suffered excruciating eye pain after visiting a Manhattan tanning parlor. Reason: because they did not wear protective goggles, their corneas were seared by overexposure...
After last October's stock-market crash, consumers grew more cautious for a while, but now they are emptying their pocketbooks and stretching the limits of their credit cards once again. Though the real gross national product increased at a moderate 2.3% annual rate in the first quarter, consumer spending rose at a more robust 3.8% pace...