THE POPULATION BOOM
What It Spells for Prosperity
THE U.S., which was buying baby food at the rate of 270 million cans in 1940, this year is buying it at the rate of 1.5 billion cans. In the same period, the U.S. toy industry has grown from an $84 million-a-year stripling to a $900 million giant, and the sale of bicycles has almost doubled (2,000,000 last year). These are the measuring sticks of the Great Baby Boom—the greatest in U.S. history. They are also the advance signs of how the great growth in U.S. population...
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