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The year 1989 was the last year of the West German economy as a separate and separable institution. From 1990 the positive and negative distortions generated by German reunification set in, and the West German economy began to reorient itself toward economic and political union with what had been East Germany. The economy turned gradually and ...
While being under German control, the Reichswerke had the great majority of its assets and workforce located outside of Germany, since it had grown largely by absorbing non-German companies from conquered territories before and during the war. 70 per cent of its net assets and 76.5 per cent of its workforce were outside of the Reich by 1943 ...
Hehn, Paul N. (2005), A Low Dishonest Decade: The Great Powers, Eastern Europe, and the Economic Origins of World War II, 1930–1941, Continuum International Publishing Group, ISBN 978-0-8264-1761-9; Imlay, Talbot C. (2003). Facing the Second World War: Strategy, Politics, and Economics in Britain and France 1938–1940. Oxford University Press.
The European interwar economy (the period between the First and Second World War, also known as the interbellum) began when the countries in Western Europe were struggling to recover from the devastation caused by the First World War, while also dealing with economic depression and the rise of fascism.
In March 1939 the Bank of England surrendered to Germany 5.6 million pounds worth of gold that belonged to the National Bank of Czechoslovakia, six months before England entered World War II. [27] "The documents released by the Bank of England are revealing, both for what they show and what they omit.
The Memel Territory, separated from Germany since 1920 and annexed by Lithuania, was returned to Germany, under a German–Lithuanian treaty concluded after the 1939 German ultimatum to Lithuania. The preparations for the Second World War were also made in the economic sphere, as the German government exerted pressure on weaker governments to ...
The German revolutions of 1848–1849 failed but the Industrial Revolution modernized the German economy, leading to rapid urban growth and the emergence of the socialist movement. Prussia, with its capital Berlin, grew in power. German universities became world-class centers for science and humanities, while music and art flourished.
In 1957, West Germany is one of the founding nations of the European Economic Community. In 1973, West Germany joins the United Nations (formed in 1945). In 1991, a unified Germany is allowed by the Allies of World War II to become fully sovereign after signing the Treaty on the Final Settlement with Respect to Germany.