Word: spurted
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Dates: during 1960-1969
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Mendoza bought a small building-materials company in 1930, soon after the oil boom burst over the country. As the new riches sparked a spurt of building. Mendoza's company grew to dominate the construction-products market. An enlightened businessman. Mendoza realized that what was good for Venezuela was also good for him. In a brief stint as Minister of Development during World War II, he helped enact the laws that formed the basis for the precedent-shattering 50-50 formula that guaranteed Venezuela at least half the profits of the oil companies doing business in the country...
...baby boom has long been expected to provide expanding markets in the '60s, since growing numbers of young people stimulate the need for new schools and recreational facilities, and should touch off a burst of homebuilding and durable-goods sales when the young marry. Yet without a sudden spurt of economic growth or a determined effort to upgrade the skills of its youth, the U.S. may well find that when the new wave of young people begin to reach working age in huge numbers in 1965, many of them will be lining up for unemployment allotments instead of providing...
...real spurt in civil rights progress, says the report, dates from the Supreme Court school segregation decision of 1954: "From this decision has flowed a series of court decisions making it clear that segregation is a dead letter in every area of public activity...
...first game of the Boston Arena Christmas Tournament on December 26, Harvard had trouble getting off the ground against Northeastern. At the end of the second period, the score was 5-3; but an amasing spurt of six goals by the Crimson in the third period put the Northeastern team way out of reach of victory...
...disappointing year largely because it had been overbilled to begin with. In January President Kennedy's economists extravagantly predicted that the gross national product would spurt ahead 10% during the year. But the great growth fallacy exploded in the spring as overpriced stock markets suffered their worst crash since 1937, and unemployment (mostly of the unskilled) rose to a level previously unknown in a period of prosperity. Businessmen began muttering about, and taking precautions against, a recession dead ahead. But in fact by the end of the year most economic barometers were on the rise...