Word: west
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Dates: during 1950-1959
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...regarded the world through Utopian spectacles in 1959; desperate poverty was still a condition of life in many lands. Nevertheless, even the humblest of nations could at least look ahead to the 1960s with hope. There were two reasons for this. In their new wealth, the nations of the West were coming to recognize that the task of aiding the underdeveloped lands is not a burden that the U.S. alone should bear; it is a job to be shared. Secondly, most underdeveloped nations have modified or cast aside their once strongly held socialist notions, and now welcome Western capital...
...even 1954's tourist - would hardly recognize the place. Throughout West Germany, old military installations have become light industrial plants; along the middle Rhine, from Karlsruhe to the outskirts of the Ruhr district, new oil refineries and petrochemical plants are popping up like mushrooms. France's war-ravaged port city of Rouen has new docks, new bridges, new housing developments for 60,000 workers, who labor in refineries, operating with three times their prewar capacity, and in new plastics and textile plants. To the south, the land opposite Venice's drowsy lagoon has emerged...
Monuments & Managers. The monuments are all the more impressive because they are new. One of the secrets of Europe's success is that the war forced the Europeans to build a new production base and incorporate the latest U.S. advances. West Germany's Daimler-Benz had to rebuild almost from scratch, estimates that 80%-90% of its mammoth complex (1959 production: better than 260,000 units) is new since World War II. France's booming aluminum industry boasts that its technology is second to none. Italy's Pirelli tire and rubber company claims the same...
...result of its economic strength, many a European nation felt confident enough to lower some of its trade barriers and chop away red tape. The Common Market (West Germany, France, Italy, The Netherlands, Belgium and Luxembourg) in its first year was such a resounding success that Britain, Portugal, Switzerland, Austria, Norway, Sweden and Denmark formed their own Outer Seven trading area to enjoy the benefits of mass markets and freer trade. Said a Common Market official in Brussels: "At the start, the politicians were for European unity, and the businessmen were very skeptical. But now it is the businessmen...
...Devil's Advocate, West...