By William. ISSEL
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Additional info for Social Change in the United States, 1945–1983
These organisations differ from unions by not always serving as a collective bargaining agent. Their members among state and local government employees increased LABOUR 39 from 1. 4 million between 1968 and 1978. Although unionisation increased among public sector workers, labour's share of other non-manufacturing employees slipped during the post-war period. Membership has increased, but total non-manufacturing employment increased three times faster than union membership. Manufacturing industries suffered declines even in absolute numbers of labour union members.
David Rockefeller, the chairman of Chase Manhattan Bank, established close personal ties with Shah Mohammed Reza Pahlavi oflran, and when Iran's oil wealth escalated, the New York headquarters of the bank received large deposits from theN ational Iranian Oil Company. Between 197 5 and 1977, the shah borrowed in order to keep pace with the costs of his wide-ranging projects, and Chase Manhattan Bank became the head of an eleven-bank consortium that provided the shah with $500 million to help balance Iran's budget.
Some 80 per cent of the industry's business came from the demands of military agencies during the 1950s, and when defence orders began to call for missiles in the last years of the decade, the industry suffered a decline. Many companies moved into space technology, and during the 1960s produced new lines of civilian jet planes that replaced the prop-driven models for commercial and passenger travel. The electronics industry proves difficult to define because of its heterogeneous array of products and firms and its ties to electrical machinery, aircraft, instrument and other equipment industries.