Word: reasonable
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Dates: during 1980-1989
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Perhaps one reason the 1980s fostered entrepreneurship is that during the decade Big Business tended to grow even bigger as companies merged and improved already dominant positions. In industries as diverse as banking, airlines and brewing, the major companies increased their market share. That in turn presented the opportunity for upstarts to begin filling the niches too small to be noticed by the behemoths...
Once dominant mainly in manufacturing, Japan's giant electronics companies are sharpening their edge in product development as well. Reason: manufacturing profits have bankrolled research and development. Japan now leads the U.S. in twelve of 25 strategic chip technologies, has pulled abreast in eight others, and is catching up in the remaining five...
...door-to-door cosmetics giant, is coy about the bath oil's secret. But it seems to be this: when mixed in equal parts with water and applied to the body, Skin So Soft (price: $8.99 a pint) makes the wearer smell like a flower bed, but for some reason repels bugs. Avon claims to be baffled about why this is so, but the bath oil's reputation has spread by word of mouth. Among the devotees: former President Jimmy Carter, who uses it to keep away the no-see-ums in Georgia...
...single greatest reason for the growing ranks of panhandlers, many experts agree, is the desperate shortage of affordable housing. In eight years the federal housing budget has plunged from $33 billion to about $13 billion. "Forced to choose between housing and food, many of these families were soon driven to the streets," explains Writer Kozol. Six million households now pay at least half of their incomes for rent; for many of them, homelessness is just one paycheck away. Says Joe Carreras, a senior housing planner with the Southern California Association of Governments: "Once you fall out of the housing market...
...addicted homeless has grown at a tremendous rate," says Anita Beaty, director of the Task Force for the Homeless in Atlanta. "People don't choose to panhandle because they want to abandon their responsibilities; other causes come first." In New York, particularly, many residents consider crack to be one reason for the sudden appearance of so many young, angry, able-bodied panhandlers all over town. The most aggressive and abusive of the city's beggars often appear to be strung out on drugs; pedestrians hand over money in order to pass by in safety, a kind of street toll that...