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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jun 09, 1972
Page
7
The Chilean government redistributed income to help the poor with wage hikes in 1971 and expanded money supply by 173 percent, lifting production 8 percent and cutting unemployment from 7.2 percent in 1970 to 3.9 percent in 1971. Labor strife later hit copper mines, stabilizing foreign exchange revenues.
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