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Germany is a founding member of the European Union and the eurozone. [26] [27] In 2016, Germany recorded the highest trade surplus in the world, worth $310 billion. [28] This economic result made it the biggest capital exporter globally. [29] Germany is one of the largest exporters globally with $1.81 trillion worth of goods and services ...
Germany invested over 2 trillion marks in the rehabilitation of the former East Germany, helping it to transition to a market economy and cleaning up the environmental degradation. By 2011 the results were mixed, with slow economic development in the East, in sharp contrast to the rapid economic growth in both west and southern Germany.
Einstein, Planck, Heisenberg and Born all received a Nobel Prize for their scientific contributions; from the award's inauguration in 1901 until 1956, Germany led the total Nobel Prize count. [22] Today the country is third with 115 winners. The movable-type printing press was invented by German blacksmith Johannes Gutenberg in the 15th century.
Noting that Germany was the third largest producer of automobiles in the world, Guderian projected that Germany would be competitive with its major adversaries, [9] a rather optimistic projection since Germany had great difficulty replacing vehicle losses throughout the war, the United States had been considered a non-combatant, and it ignored ...
Industrialization in Germany was the phase of the breakthrough of industrialization in Germany, beginning at the time from around 1815 to 1835. [1] [2] This period was preceded by the periods of pre-industrialization and early industrialization. In general, the decades between the 1830s and 1873 are considered the phase of industrial take off.
Germany, [e] officially the Federal Republic of Germany, [f] is a country in Central Europe.It lies between the Baltic and North Sea to the north and the Alps to the south. Its sixteen constituent states have a total population of over 82 million in an area of 357,596 km 2 (138,069 sq mi), making it the most populous member state of the European Union.
The draining of Germany's gold and foreign exchange reserves inhibited the acquisition of materiel, and the Nazi economy, focused on militarization, could not afford to deplete the means to procure foreign machinery and parts. Nonetheless, towards the end of the 1930s, Germany's foreign reserves were unsustainably low.
By 1900, Germany was the dominant power on the European continent and its rapidly expanding industry had surpassed Britain's while provoking it in a naval arms race. Germany led the Central Powers in World War I, but was defeated, partly occupied, forced to pay war reparations, and stripped of its colonies and significant territory along its ...