Business: The $750 Billion Challenge

The U.S. at its present long-term 3.2%-per-year rate of growth will possess the potential in manpower and technology to raise the nation's standard of living close to 25% during the next decade. So the Labor Department predicted this week in a major new study of U.S. manpower. The nation can also increase the production of goods and services at least 45% to a gross national product of $731.7 billion (see chart) and may reach $750 billion. But achieving a three-quarters of a trillion dollar economy by 1970, said Secretary of Labor James P. Mitchell, hinges on the nation's ability to handle...

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