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The largest economy in Europe by 1900, Germany had established a primary position in several key sectors, like the chemical industry and steel production. [ 2 ] [ 3 ] [ 4 ] High production capacity, permanent competitiveness and subsequent protectionist policies fought out with the US and Britain were essential characteristics.
The rapid advance to industrial maturity led to a drastic shift in Germany's economic situation – from a rural economy into a major exporter of finished goods. The ratio of the finished product to total exports jumped from 38% in 1872 to 63% in 1912. By 1913 Germany had come to dominate all the European markets.
The Chemical Industry During the Nineteenth Century: A Study of the Economic Aspect of Applied Chemistry in Europe and North America (1958) Haber, Ludwig. The Chemical Industry: 1900-1930: International Growth and Technological Change (1971) Hamerow, Theodore S. Restoration, Revolution, Reaction: Economics and Politics in Germany, 1815-1871 (1958)
Germany is stuck in a deep economic crisis amid a structural break that the country’s leading industry lobby predicts will lead to the most protracted downturn since reunification nearly 35 ...
The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years. ... Germany's main industry ...
The new system operated first on textiles, then spread to other sectors and by the mid 19th century totally transformed the British economy and society, setting up sustained growth; it spread to parts of America and Europe and modernized the world economy.
BERLIN (Reuters) -Germany's main political parties were unveiling their manifestos on Tuesday, offering competing visions to lift Europe's largest economy out of the doldrums while fighting off a ...
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...