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| Topic: |
Business
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| Number of pages / Number of words: |
19 / 5316 |
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It was not much in comparison to 1950s, when almost half of American adults smoked cigarettes; this percentage was almost halved in 40 years. That was the reason why all major companies had started aggressive expansion overseas, especially in developing foreign markets of Asia, Eastern Europe, South America, Africa, and the Middle East...
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This expansion was a great success, generating 296 billion dollars in 1996. The tobacco industry had also the biggest contribution to American economy. It employed about 700,000 people what made it the major employer in some states, especially in the southern states. Tobacco industry also added over 55 billion dollars annually to the gross domestic product...
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General points of the essay
1950s T.V.
1950s
Early Years American History
economics in the 1950s
Philip Morris CSR
Philip Morris
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