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An Introduction to the Social and Economic History of Germany: Politics and Economic Change in the Nineteenth and Twentieth Centuries(1978) Brinkmann, Carl. "The Place of Germany in the Economic History of the Nineteenth Century". Economic History Review 4#2 (1933), pp 129–146. online.
After Germany failed for the thirty-fourth time in thirty-six months to pay an instalment of in-kind reparations of coal, in January 1923 French and Belgian troops occupied the Ruhr valley, Germany's main industrial region. 900 million gold marks of reparations were ultimately secured this way. [5]: 245
After Germany successfully stabilized its currency in late 1923, France and Belgium, facing economic and international pressures of their own, accepted the 1924 Dawes Plan drawn up by an international team of experts. It restructured and lowered Germany's war reparations payments and led to France and Belgium withdrawing their troops from the ...
Overall economic production increased 50% in five years, [9] unemployment fell sharply and Germany's 34% share of world trade was higher than it had been in 1913, the last full year before the outbreak of World War I. [6] By the start of the world economic crisis in 1929, Germany had received 29 billion Reichsmarks in loans. In spite of the ...
The Soviet Union benefited from Germany's loss, as one of the first terms of the armistice was the abrogation of the Treaty of Brest-Litovsk. At the time of the armistice Russia was in the grips of a civil war which left more than seven million people dead and large areas of the country devastated. The nation as a whole suffered socially and ...
Germany grew complacent during a “golden decade” of economic growth in 2010-2020 based on reforms under Chancellor Gerhard Schroeder in 2003-2005 that lowered labor costs and increased ...
The post–World War I recession was an economic recession that hit much of the world in the aftermath of World War I. In many nations, especially in North America, economic growth continued and even accelerated during World War I as nations mobilized their economies to fight the war in Europe. After the war ended, the global economy began to ...
The Allies accepted the Young Plan, which reduced Germany's war reparations and allowed it to defer a greater portion, which would accrue interest due to a consortium of American banks. 3 October: Gustav Stresemann died. 29 October: Wall Street crash of 1929: The Dow Jones Industrial Average dropped twelve percent in a trading session of record ...