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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 ...
Hitler completely reorganized the economic landscape in Nazi Germany. The Reichswirtschaftskammer ("Reich Economic Chamber") consisted of over two hundred organizations and national councils involved in industry, commercial, and craft lines. Large public works programs, such as the construction of the Autobahn, stimulated the economy and ...
In December 1941, when the United States entered the war against Germany, 250 American firms owned more than $450 million of German assets. [13] Major American companies with investments in Germany included General Motors, IT&T, Eastman Kodak, Standard Oil, Singer, International Harvester, Gillette, Coca-Cola, Kraft, Westinghouse, and United Fruit.
The Wages of Destruction: The Making and Breaking of the Nazi Economy is a non-fiction book detailing the economic history of Nazi Germany. Written by Adam Tooze, it was first published by Allen Lane in 2006. The Wages of Destruction won the Wolfson History Prize and the 2007 Longman/History Today Book of the Year Prize.
“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy. IMF sounds the alarm: ‘There can be no productive economy’ in ...
The Industrielleneingabe (English: Industrial petition) was a petition signed by 19 representatives of industry, finance, and agriculture on November 19, 1932 that requested for German President Paul von Hindenburg to make Adolf Hitler the German Chancellor.
Germany’s economy is in a slump, battling a slew of short-term problems and structural challenges. Will it remain stuck in the slow lane or can it be revived? Europe’s growth engine is sputtering.