Word: consumerization
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Despite all the hullabaloo, organized buyers' strikes had little effect except in sales of perishable commodities. The U.S. consumer was still short of too many things to make buyers' strikes effective.
Since the end of the war CPA has been faced with the problem of domestic v. foreign demand for goods. While OPA lived, the problem was minor. Ceiling prices on exports left too small a margin of profit to suck any large amount of goods away from the domestic market...
Beginning at 12 o'clock, the American Veterans Committee chapter of Cambridge and Harvard, the Harvard Liberal Union, and other consumer groups and citizens, will gather at the south end of Cambridge Common and march to Central Square.
President Truman's slam at the Senate's version of price control bespeaks the Administration's lack of faith in the effectiveness of any halfway measures. When government fails, the power of restraint passes on to the larger business organizations. But no one can be encouraged by the callousness to...
"The country's economy is at a stage where patience on the part of the consumer and a refusal to submit to price rises, by doing without certain kinds or grades of products, will soon dampen any inflationary tendencies. Many producers are holding back on their stocks. If they can...