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This included Silesia, Germany's second-largest industrial center after the Ruhr. West Berlin is shown in yellow. The industrial plans for Germany were designs the Allies of World War II considered imposing on Germany in the Aftermath of World War II to reduce and manage Germany's industrial capacity. [1]
The Wirtschaftswunder (German: [ˈvɪʁt.ʃaftsˌvʊndɐ] ⓘ, "economic miracle"), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II. The expression referring to this phenomenon was first used by The Times in 1950. [2]
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 ...
The German economy would draw its raw materials from that region, and the countries in question would receive German manufactured goods in exchange. [98] Germany would also leverage productive trade relationships with Spain, Switzerland and Sweden in areas ranging from iron ore imports and clearing and payment services. [ 99 ]
Map showing the Oder–Neisse line and pre-war German territory ceded to Poland and the Soviet Union. (click to enlarge) The reconstruction of Germany was the process of rebuilding Germany after the destruction endured during World War II. Germany suffered heavy losses during the war, both in lives and industrial power.
The history of Germany from 1945 to 1990 comprises the period following World War II.The period began with the Berlin Declaration, marking the abolition of the German Reich and Allied-occupied period in Germany on 5 June 1945, and ended with the German reunification on 3 October 1990.
Last year, Germany approved arms exports to Israel worth 326.5 million euros ($363.5 million), including military equipment and war weapons, a 10-fold increase from 2022, according to data from ...
By 1975, the US economy represented some 35% of the entire world industrial output, and the US economy was over 3 times larger than that of Japan, the next largest economy. [33] The expansion was interrupted in the United States by five recessions ( 1948–49 , 1953–54 , 1957–58 , 1960–61 , and 1969–70 ).