Word: 1967â
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Dates: during 1968-1968
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Much of what ailed Gaullist France was economic. Under De Gaulle, the gross national product has more than doubled, from $49 billion in 1958 to about $108 billion in 1967???at the cost of much stress. De Gaulle hoarded gold, attacked the dollar, and did his best to keep the franc invulnerable. The nation's growth rate, which had climbed above 7% in the early 1960s, last year sank to about 3.5%. Consumer prices have shot up 39% since 1958 v. only 18% for the U.S. For a while, the workers shared in the fruits of Gaullism, and many bought...
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