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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 ...
From the 1680s to 1789, Germany comprised many small territories which were parts of the Holy Roman Empire of the German Nation.Prussia finally emerged as dominant. Meanwhile, the states developed a classical culture that found its greatest expression in the Enlightenment, with world class leaders such as philosophers Leibniz and Kant, writers such as Goethe and Schiller, and musicians Bach ...
United States secretary of state James F. Byrnes read the speech Restatement of Policy on Germany, clarifying his nation's desire for economic recovery in Germany and guaranteeing its borders. 1947: 4 October: Planck died. 1948: 20 June: Ludwig Erhard, the appointed economic director of the Bizone, introduced the Deutsche Mark. 24 June
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.
29 June — Melitta Bentz, German inventor and entrepreneur (born 1873) 1 September - Fritz Kampers, German actor (born 1891) 10 October - Josef Straßberger, German weightlifter (born 1894) 1 November - Heinrich Tessenow, German architect (born 1876) 2 November - Kurt Schmitt, German economic leader and the Reich Economy Minister (born 1886)
For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the ...
Germany’s economy is in a slump, battling a slew of short-term problems and structural challenges. Will it remain stuck in the slow lane or can it be revived? Europe’s growth engine is sputtering.
From the late 1950s, West Germany had one of the world's strongest economies. The East German economy also showed strong growth, but not as much as in West Germany, due to the bureaucratic system, emigration of working-age East Germans to West Germany, and materiel sent as reparations to the USSR. Unemployment hit a record low of 0.7–0.8% in ...