American Decades
"It's a Smaller World"
Magazine article
By: Newsweek
Date: October 20, 1958
Source: "It's a Smaller World." Newsweek, October 1958, 93–94, 96.
About the Publication: Thomas J. C. Martyn published the first issue of Newsweek in February 1933. In 1961, it was bought by the Washington Post Company. It's circulation is 3.1 million in the United States and over 900,000 internationally.
Introduction
The calendar year 1958 proved to be a most auspicious occasion for the development of the U.S. aerospace industry. In January, the United States launched into Earth-orbit its first satellite, the Explorer I probe. Later in the year, the advent of commercial jetliners transformed the passenger airline business. Indeed, in these two ways, the world became, in the judgment of Newsweek, a much "smaller" place.
A pair of innovative American aerospace...
[The entire page is 1762 words long]
1950's Business and the Economy Primary Sources
- "Battle Over Television: Hollywood Faces the Fifties: Part II"
- Inflation
- "Television's Big Boom: Still to Come"
- "Over the Top"
- "What the Public Thinks About Big Business"
- "How to Make a Billion: Fables of Texas Oil"
- "Consumer Credit: High But Safe"
- "The South Bets on Industry"
- "Convention Expels Teamsters"
- "Why the Edsel Laid an Egg: Research vs. the Reality Principle"
- "The 'Invisible' Unemployed"
- "It's a Smaller World"
- "The Challenge of Inflation"
- "Success by Imitation"
- Copyright Page
- Acknowledgments
