Word: consumerization
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The Fate of the Nation. With dark forebodings of continued fuel cuts, rationing and scarcity of consumer goods, the White Paper said: "We may never restore the foundations of our national life" if 1947's production and export goals were not met.
"In a generation perhaps the Russian people may have enough consumer goods to be able to afford the Nazi-like luxury, if they so desire, of an aggressive war. . . ."
Consumer industries, notably those making food and household products, were not far behind the basic producers. In the last quarter many cashed in heavily on OPA's death. Typical was Procter & Gamble: for the six months ending December 31 it netted $16,300,341 v. $9,456,033 in...
It is not deliberate selfishness that results in the unreasonable attempts of business to squeeze the consumer in a time of prosperity. The businessman, like the worker, knows that we live in a pendulum economy, where the inevitability of the next depression is as sure as the swing of the...
Almost 30% of her 1946 American imports had been in tobacco and Hollywood -a statistic which portended more austerity. Most of the rest of Britain's loan spending had gone into food and other consumer items instead of into the stuff out of which real economic recovery could be...