Word: sectoral
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Dates: during 1970-1979
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...company with his dancer wife, who performs with snakes around her neck. A Tennessee preacher promises to walk the length of New Hampshire with a camel. A more pragmatic Indian also is scheduled to walk through the state-on snowshoes. Benjamin Fernandez, a Californian who wants more private-sector loans to small business, will be on the ballot, hoping to attract New Hampshire's nearly nonexistent Hispanic vote. A maker of stuffed frogs from New Jersey has indicated his intention to run, or hop, on behalf of "lowcost government...
Steel has been the key money-losing sector. French steel companies, which have been kept going by uneconomic government subsidies, were not prepared for the crisis that resulted from a worldwide decline in demand, accompanied by aggressive competition from Japan and the Third World. While a French worker takes 11.2 hours to produce a ton of steel, the same job is done in Germany in 7.9 hours and in Japan in 5.9 hours. That is partly because French plants have antiquated machinery requiring greater manpower. A more productive steel industry, the Premier argues, "is a matter of survival for France...
...sector of Iran's society is untouched by the Ayatullah's dictates. Mohammed Ali Mohlavi, governor of the central bank, announced that he would look into setting up an Islamic banking structure in which no interest would be charged on loans. Most hotels and restaurants began to conform with a prohibition on alcoholic beverages. X-rated films disappeared from cinemas, and television programs like The Six Million Dol lar Man will no longer be broadcast. A mutton shortage loomed as a result of the Ayatullah's ban on meat imported from Australia and New Zealand. Because...
Like a circular firing squad, people in each sector of the gasoline business point to those in the other. All the major companies have raised their wholesale prices, and there is endless debate over whether or not these increases are justified by the rising costs that the firms must pay for oil. Since early November, Exxon has boosted its wholesale price for regular gas by 4.3%, to 47.9? per gal.; Mobil has lifted its price 10% to 51.9? per gal. and Amoco 11.4% to 50.6? per gal. The service station dealers then normally pass these wholesale increases on to their...
Inconsistencies and generalizations further reduce A Public Trust's credibility. The commission insists that it is important to speak in terms of public broadcasting--that is, both television and radio. But radio is quickly dismissed, despite the commission's own findings that the noncommercial sector is "disproportionately needy." Only one of the commission's original 20 members comes directly from the radio industry. While advocating a growth of radio stations in the country, the commission fails to provide the needed funds. Edward Elson and Frank Mankiewicz, chairman and president of National Public Radio, respectively, have denounced Carnegie...