Word: consumerized
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Especially important to China are these cooperatives. Started with a scant $500,000 capital, they now include almost 3,000 small, mobile workshops back of the lines, support some 500,000 refugees, supply consumer goods (shoes, nails, bandages, coal, cigarets, books, cloth) worth around $6,000,000 a year. Their...
Zelomek believed the Government could halt the inflationary spiral with its present controls (inventory pools, priorities, taxation of consumer incomes, OPACS price ceilings, etc.). Only trouble was that some of the measures (like ceilings on wages and farm prices) were political dynamite. Problem: would the Government have the guts? Burly...
Mr. Dunn had A.I.S. statisticians estimate, for the first time, the labor required to produce, deliver and consume the 101.9 and 120.4 million tons of steel that Stacy May called for in 1941 and 1942. They found that 7,591,500 employes were involved in making and using 1940'...
The pre-paid bonus is the latest brain child of Washington New Dealers. Concocted from a combination of Keynes' plan of "How to Pay for the War" and extravagant demands of Veterans of Future Wars, it is a scheme simple enough for even the non-economist to grasp. Cambridge Professor...
Such a $20 pay increase could not be paid in cash, since now is no time for more consumer spending. The boys would get bonds which could not be transferred, but which the Government would redeem-with interest-beginning in five years.