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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 ...
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 economy of the German Democratic Republic (East Germany; GDR, DDR) was a command economy following the model of the Soviet Union based on the principles of Marxism-Leninism. Sharing many characteristics with fellow COMECON member states — the East German economy stood in stark contrast to the market and mixed economies of Western Europe ...
Germany quickly remilitarized, annexed its German-speaking neighbors and invaded Poland, triggering World War II. During the war, the Nazis established a systematic genocide program known as the Holocaust which killed 11 million people, including 6 million Jews (representing 2/3rds of the European Jewish population). By 1944, the German Army ...
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
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 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.