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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.
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 ...
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 ...
The monetary institutions in Germany had been unsuited for its economic development for several decades before unification. In the Kingdom of Prussia, the Bank of Prussia had been established in 1847 and, in the aftermath of the revolution of 1848, five additional banks had been granted a note-issuance privilege (the Berliner Kassenverein [], Kölnische Privatbank, Magdeburger Privatbank ...
To pay for the large costs of the First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out in 1914. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing.
The German government of Chancellor Joseph Wirth accepted the ultimatum on 11 May and began its "policy of fulfilment" (Erfüllungspolitik). By attempting to meet the payments, it intended to show the Allies that the demands were beyond Germany's economic means. [8] Map of the occupied Rhineland. In the north, the eastward-bulging area around ...
The whaler on HMS Sheffield being manned with an armed boarding party to check a neutral vessel stopped at sea, 20 Oct 1941. The Blockade of Germany (1939–1945), also known as the Economic War, involved operations carried out during World War II by the British Empire and by France in order to restrict the supplies of minerals, fuel, metals, food and textiles needed by Nazi Germany – and ...
While horrific, the mortality rate was lower than in other occupied countries (e.g. 75 percent in the Netherlands) and, because the majority of the Jews were recent immigrants to France (mostly exiles from Germany), more Jews lived in France at the end of the occupation than did approximately 10 years earlier when Hitler formally came to power ...