135.mass production ：大规模生产
The manufacturing of goods in large quantities using standardized parts and assembly lines.
Mass production allows a lot of people to enjoy a particular product at a more reasonable price.
The branch of economics that deals with single units of production and consumption.
Microeconomics in the future will lead to more customization and specialization of products for consumers.
Informal. A rich and powerful person in business or industry.
We watched a television interview of an entertainment mogul who had amassed a fortune of over $ 100 million.
138.mommy track ：母亲路线
A career path in which a woman declines rapid advancement in order to spend time with her family.
Millions of women in the 1990s are choosing the mommy track over climbing the corporate ladder.
A domination of the market by a single company.
The breakup of monopolies creates competition, which leads to better quality and lower prices for the public.
A market condition in which there are few sellers, enabling them to influence price and other factors.
The U.S. auto industry is an oligopoly, because there are only three main producers.
141.Pac Man defense ：帕克曼防卫 17
An attempt to prevent a hostile takeover in which a targeted company bids to take over the hostile firm.
The out-throat 1980s made strategies like Pac Man defense essential to companies who wanted to survive a hostile takeover.
142.Paper profit ：纸上盈利
An unrealized profit due to appreciation in value of something owned but not yet sold.
Jack’s business showed a paper profit last year simply due to the appreciation.
143.paradigm shift ：改组
A term by a CEO to inform his company that there will be major changes made.
The CEO of a major computer software manufacture announced a paradigm shift to his executives today.
144.Peter Principle ：彼得原则
A statement that every employee in a hierarchy tends to rise to the level of his or her incompetence.
The term “Peter Principle” has become quite popular among the American work force.
145.poison pill ：反兼并手段，毒丸
Any of various methods devised by a company to thwart a hostile takeover attempt, such as by issuing new stock or instituting a generous package of employee benefits, which would prove costly to a potential acquirer.
146.power lunch ：事务餐
A business lunch where food is an afterthought to intense dealmaking and negotiation.
We’re discussing the possibilities of a company merger over a power lunch this afternoon.
A measure of ability to produce output from given input
Productivity at the XYZ company was up slightly this month over last.
148.quality control ：质量管理
Techniques used to eliminate defective products or to improve performance standards and practices.
No company can afford to neglect quality control if they wish to remain competitive in the new global economy.
149.raw goods ：原材料商品
Materials gathered in original state from nature for use in production.
Knowledge and information are becoming the most valuable assets to a company while raw goods are becoming less and 18
A period of no growth in the national economy for at least six months.
A recession is characterized by a decreased demand for goods, increased unemployment, and decline in the gross national product.
An increase in business activity following a recession or depression.
Economists often disagree on whether the U.S. is in a recovery or not.
Coercive economic restrictions placed on one nation by another.
The two superpowers are currently negotiating trade sanctions.
153.service economy ：服务经济
An economy that emphasizes services over industrial production.
You can enjoy almost anything you want in today’s service economy.
A decline in business activity.
The car industry has been in a slump since the beginning of the year.
155.smokestack industry ：浓烟工业
A term that refers to heavy manufacturing, such as steel or automobile manufacturing.
Information and entertainment is replacing the smokestack industry as the new major methods of creating wealth in the economy.
A term used to describe the connection of social and economic factors.
The study of socioeconomic factors is important in order to understand various groups within society.