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Trade unions in Germany have a history reaching back to the German revolution in 1848, and still play an important role in the German economy and society. In 1875 the SPD, the Social Democratic Party of Germany, which is one of the biggest political parties in Germany, supported the forming of unions in Germany. [ 61 ]
This is a timeline of German history, comprising important legal and territorial changes and political events in Germany and its predecessor states. To read about the background to these events, see History of Germany. See also the list of German monarchs and list of chancellors of Germany and the list of years in Germany
As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [76]
Brinkmann, Carl. "The Place of Germany in the Economic History of the Nineteenth Century". Economic History Review 4#2 (1933), pp 129–146. online. Buse, Dieter K. ed. Modern Germany: An Encyclopedia of History, People, and Culture 1871-1990 (2 vol 1998) Clapham, J. H. The Economic Development of France and Germany: 1815-1914 (1921) online, a ...
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The German revolutions of 1848–1849 failed but the Industrial Revolution modernized the German economy, leading to rapid urban growth and the emergence of the socialist movement. Prussia, with its capital Berlin, grew in power. German universities became world-class centers for science and humanities, while music and art flourished.
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Economy of Germany Germany was the third largest exporter in 2017. In absolute terms, Germany allocates the second biggest annual budget of development aid in the world, [4] while its military expenditure ranked sixth. [5] The country has developed a high standard of living and established a comprehensive system of social security.
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