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The German government feared that this might provoke immediate war with France at the time, but it did not. Still, the fear that war might come before Germany was prepared for it served to create a sense of urgency and reinforced the rearmament program. [31] The army and the navy prepared to quickly expand their capacity and manpower.
Through all these steps, the state role in the West German economy declined from 52 percent to 46 percent of GDP between 1982 and 1990, according to Bundesbank statistics. Although the policies of the Wende changed the mood of the West German economy and reinstalled a measure of confidence, progress came unevenly and haltingly. During most of ...
Before Hitler came to power, Jews owned 100,000 businesses in Germany. By 1938, boycotts, intimidation, forced sales, and restrictions on professions had largely forced Jews out of economic life. According to Yad Vashem , "Of the 50,000 Jewish-owned stores that existed in 1933, only 9,000 remained in 1938."
[6] [7] [8] Ford Werke and Ford SAF (Ford's subsidiaries in Germany and France, respectively) produced military vehicles and other equipment for Nazi Germany's war effort. Some of Ford's operations in Germany at the time were run using forced labor. When the U.S. Army liberated the Ford plants in Cologne and Berlin, they found "destitute ...
The Greater Germanic Reich (German: Großgermanisches Reich), fully styled the Greater Germanic Reich of the German Nation (German: Großgermanisches Reich der Deutschen Nation), [4] was the official state name of the political entity that Nazi Germany tried to establish in Europe during World War II. [5]
The Berghof, Hitler's private retreat, was renovated at a massive cost, all of it paid for with Nazi Party donations. While hyperinflation of the Weimar Republic had crippled the German economy and plunged millions of German workers into unemployment, Hitler and his party received lavish donations from wealthy benefactors at home and abroad. [18]
“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 Four Year Plan (German: Vierjahresplan) was a series of economic measures initiated by Adolf Hitler in Nazi Germany in 1936. Hitler placed Hermann Göring in charge of these measures, making him a Reich Plenipotentiary (Reichsbevollmächtigter) whose jurisdiction cut across the responsibilities of various cabinet ministries, including those of the Minister of Economics, the Defense ...