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However, while Britain immediately put their economy on a war footing as soon as the conflict began, Germany resisted equivalent measures until later in the war. For instance, the Nazis were reluctant to increase taxes on individual German citizens to pay for the war, so the top personal income tax rate for an income of 10,000 RM in 1941 was 13 ...
1911 - Ilversgehofen becomes part of Erfurt. 1919 - Population: 129,646. [15] 1937 - Population: 152,651. 1938 - Hochheim and Melchendorf become part of Erfurt. 1940 - Bombing of Erfurt in World War II started. [3] 1945 April: United States forces take city. [3] July: City becomes part of the Soviet Occupation zone of Germany. [3]
Unexpectedly Germany plunged into World War I (1914–1918). It rapidly mobilized its civilian economy for the war effort. The economy suffered under the British blockade, which cut off supplies. [71] The impact of the blockade was gradual, with relatively little impact on German industry in the first couple of years. [72]
The whaler on HMS Sheffield being manned with an armed boarding party to check a neutral vessel stopped at sea, 20 Oct 1941. The Blockade of Germany (1939–1945), also known as the Economic War, involved operations carried out during World War II by the British Empire and by France in order to restrict the supplies of minerals, fuel, metals, food and textiles needed by Nazi Germany – and ...
The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism, [1] [2] was a broad period of worldwide economic expansion beginning with the aftermath of World War II and ending with the 1973–1975 recession. [1]
German Instrument of Surrender: World War II ends in Europe . 23 May The Flensburg Government around Karl Dönitz and Lutz Graf Schwerin von Krosigk is detained by British forces. Heinrich Himmler commits suicide. 26 June: The Christian Democratic Union of Germany (CDU) was founded. 2 August
Borders of post-World War II Germany (1949). West Germany is shown in blue, East Germany is shown in red, The Saar protectorate under French economic control is shown in green. The Ruhr Area , the industrial engine of West Germany, is shown in brown as it was to some extent under the control of the International Authority for the Ruhr .
The Wirtschaftswunder (German: [ˈvɪʁt.ʃaftsˌvʊndɐ] ⓘ, "economic miracle"), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II. The expression referring to this phenomenon was first used by The Times in 1950. [2]