Word: runaways
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Dates: during 1970-1979
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...hideous future, environmentalists violently disagree over basic causes and cures. One school holds that an ever-increasing population's demand for higher living standards must also create ever-increasing amounts of pollution. Unchecked population growth is thus the chief villain. Not so, says another, equally vociferous school, blaming runaway technology instead. By dumping its noxious excrement heedlessly, technological society is overwhelming nature's ability to purify itself. Last week, at a Chicago meeting of the American Association for the Advancement of Science, four champions from both camps clashed in direct debate...
After a year as harrowing as a ride on a runaway roller coaster, the stock market ended 1970 on the rise. The Dow-Jones industrial average started the year at 800, then plummeted to an eight-year low of 631 on May 26. After that, the market began to climb back-haltingly at first, but accelerating notably near year's end. Last week the Dow-Jones average closed 1970 at 839. That was a 4.8% increase over the 1969 close, but still far short of the 1968 high...
...brimmed gangster hats and wide-lapel pin-stripe suits long before the movie Bonnie and Clyde came out. Chief ball hawk for the champion Knicks, Frazier says: "I dress kind of conservatively when we lose and I splash on the colors when we win." Since the Knicks are again runaway leaders, he is usually somewhere over the rainbow. He squires his girl friend around the discotheque circuit in his "Clydemobile," a white-and-canary Cadillac Eldorado that is a far cry from the Ford Pinto he pushes in TV commercials. His Knick salary plus endorsements, speaking engagements, interests...
...fans continued to call for him, Meredith grinned: "There's no way you're going to get me down on that field tonight." He apologized in the closing moments for "not doing a very good job tonight." In fact, his running comments saved an otherwise dull runaway ball game...
Question: Faced with runaway inflation, the Government adopts policies that cause a year and a half of falling production, dropping profits, financial squeeze and?most important?sharply rising unemployment. What is the result...