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What was the name of the French minimum wage created during Pompidou's presidency?
RMI
AMU
SMIC
RSA
Answer
SMIC, short for Salaire Minimum Interprofessionnel de Croissance, was introduced in France during Georges Pompidou's presidency in 1970. It represented a significant milestone in the country's labor history, establishing a legally mandated minimum wage applicable to all workers, regardless of their profession or industry. The implementation of SMIC aimed to ensure a basic level of income for workers and contribute to reducing income inequality in France.
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