Word: new
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Dates: during 1950-1959
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...Western Europeans built more than double the number of housing units than the U.S., at a time when U.S. builders were hammering away at a near record 1,350,000 new homes...
...first substantial electric power from their giant Snowy River hydroelectric project, an endeavor so vast that its $1 billion price tag is equal to 20% of the entire national product of ten years ago. Another signal of change: an upsurge in immigration has brought 1,500,000 hard-working "New Australians," mostly from Europe, to back the "Old Australians" in a forced-draft development of their U.S.-sized continent...
...foreign nations were also on the rise, narrowing the foreign advantage over the U.S. Now that the alarm has been raised, many a businessman is not only revising his ideas about world trade; he is also doing something about costs. Cleveland's National Acme Co. brought out a new cam-finishing machine that does the job in 20 sec., v. 1 min. 15 sec. "What's just as important," says Acme's President T. L. Strimple, "we're being extra good in courting business in Europe and Asia. We give customers service, quick deliveries, parts, anything...
...Chairman Eugene Holman. "it is that we cannot go back. Weary slogans, old patterns of thought will not be too useful in the 1960s." As Holman and many another U.S. businessman knows, the growth of the U.S. was not accomplished by old patterns of thought. It was accomplished by new ideas and experimentation, by resourcefulness and eagerness...
...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...