Word: others
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Dates: during 1950-1959
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Americans spent an average of $95 each on medical care in 1958, the Health Insurance Institute reported this week. Breakdown (in billions) of the $16.7 billion total: doctors, $4.8; hospitals, $4.5; prescriptions and other medicines and appliances, $4.4; dentists, $1.7; miscellaneous (including private nurses, nursing homes, chiropractors, eyeglasses), $1.3. In...
THE economic news of 1959 was that, in a year when the U.S. reached new heights of prosperity, the fruits of high production and resourceful salesmanship were at long last shared and enjoyed by a multitude of other nations.
Throughout the year, the full extent of the free world's progress was often clouded by worry over the economic threat of the Communist nations. The Soviets and their satellites made fast progress. But the free world traveled faster. The record was plain in the soaring production statistics, the...
The Test of Vigor. More and more research is needed. Although industry spent $10 billion on research this year, it will have to spend still more. "The company that stints on research these days," says General Telephone & Electronics President Don Mitchell, "will give some short-term gain to its profit...
As they gaze into the decade of the 19605, the economists see a population growth for the U.S. that will push the number of Americans past the 200 million mark by 1970, a population so much in need of homes, clothes, autos and all the other things that Americans expect...