Word: substandard
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...created a system of factory inspectors who can reject substandard products. Discouraged by the industrial ministries' reluctance to introduce new technology, he has formed conglomerates that combine both research and < production facilities. The new high-tech factories, most of them run by the Academy of Sciences instead of the ministries, will be allowed to keep part of any profits they earn. In addition, the Academy of the National Economy is functioning as a management training institute, with seminars and case-study courses similar to those at top U.S. business schools...
According to the paper, a Warwick-based company, World Wide Electronics, has for months sold its substandard speakers from vans, intimating to consumers that its goods have been stolen and are available at fractions of their original prices...
Vouchers are supposed to help tenants pay for the best housing they can afford. At the same time, so the theory goes, the system gives landlords an incentive through higher rents to improve substandard housing to livable levels, increasing the housing available to poor families...
...fallen into arrears on its foreign debt of some $2 billion. The country achieved only about half of the growth called for in its last long-term economic plan (1978-84), and has yet to produce a new one. Both of the last two grain harvests have been substandard, and the daily grain ration in Pyongyang was recently reduced by 14%. Although the exact cause of last week's events remains murky, the forced cutback in such a staple certainly carried the potential for creating trouble...
...smiled. "Of course. Usually when confronted by an enemy the United States has bought a lot of weapons for itself. Now it has come up with a new idea: let the enemy buy the weapons. That way we get to pocket the money, and they get stuck with the substandard product instead...