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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.
The Volkswagen factory in Wolfsburg. The term German model is most often used in economics to describe post-World War II West Germany's means of using (according to University College London Professor Wendy Carlin) innovative industrial relations, vocational training, and closer relationships between the financial and industrial sectors to cultivate economic prosperity. [1]
Science and technology in Germany has a long and illustrious history, and research and development efforts form an integral part of the country's economy. Germany has been the home of some of the most prominent researchers in various scientific disciplines, notably physics , mathematics , chemistry and engineering . [ 1 ]
Study programs in industrial management are very popular in economies with a high value of manufacturing output, such as the United States and Germany. Especially German research universities incorporate a large number of advanced courses in engineering in their graduate program in industrial management and are, thus, more like M.Eng.-programs ...
Germany is a founding member of the European Union and the eurozone. [25] [26] In 2016, Germany recorded the highest trade surplus in the world, worth $310 billion. [27] This economic result made it the biggest capital exporter globally. [28] Germany is one of the largest exporters globally with $1.81 trillion worth of goods and services ...
The Sovereign Tech Fund is a funding program from the German Federal Ministry for Economic Affairs and Climate Action, aimed at providing financial support to open-source software. The initial funds were allocated by the Bundestag in May 2022.
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The roots of the industrial engineering profession date back to the Industrial Revolution.The technologies that helped mechanize traditional manual operations in the textile industry including the Flying shuttle, the Spinning jenny, and perhaps most importantly the Steam engine generated Economies of scale that made Mass production in centralized locations attractive for the first time.