Word: consumerization
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Jay D. Runkle, board chairman of the National Retail Dry Goods Association, sternly warned retailers: "The prices of consumer goods are too high; the quality too low. Management must limit itself to reasonable profits."
Use of the guaranteed annual wage to prevent unemployment and to enable industry to plan for the future, secure that consumer purchasing power would remain constant, keynoted the Cornell debaters' proposal.
Contesting these arguments, the speakers for the negative, stating that the crash in 1929 came at a period of peak employment, claimed that a guaranteed annual wage would not assure sufficient consumer purchasing power to guarantee a market for the products of industry.
Principal factor on which BAE based its slump prediction was the declining volume of consumer purchasing power. In July 1945, real wages & salaries were a whopping 205% of the 1935-39 average, because prices had been held down while pay rose. By last December, real wages had dropped to 168...
The only requirement demanded by PBH is a real and sincere interest in the problems of youth. Ranging from sports and handicrafts through discussion clubs and dramatics, the choice of activities for which leaders are continually requested is wide indeed. Unlike some extracurricular enterprises, this one is not a tenacious...