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The economic reforms and the new West German system received powerful support from a number of sources: investment funds under the European Recovery Program, more commonly known as the Marshall Plan; the stimulus to German industry provided by the diversion of other Western resources for Korean War production; and the German readiness to work ...
While being under German control, the Reichswerke had the great majority of its assets and workforce located outside of Germany, since it had grown largely by absorbing non-German companies from conquered territories before and during the war. 70 per cent of its net assets and 76.5 per cent of its workforce were outside of the Reich by 1943 ...
The Four Year Plan was a series of economic measures initiated by Adolf Hitler in Nazi Germany in 1936. Hitler placed Hermann Göring in charge of these measures, making him a Reich Plenipotentiary (Reichsbevollmächtigter) whose jurisdiction cut across the responsibilities of various cabinet ministries, including those of the Minister of Economics, the Defense Minister and the Minister of ...
Map showing the Oder–Neisse line and pre-war German territory ceded to Poland and the Soviet Union. (click to enlarge) The reconstruction of Germany was a long process of rebuilding Germany after the destruction endured during World War II. Germany suffered heavy losses during the war, both in lives and industrial power.
The preparations for the Second World War were also made in the economic sphere, as the German government exerted pressure on weaker governments to place their economies at the disposal of the German war machine. One such case was the German–Romanian economic agreement of 23 March 1939.
The German currency was relatively stable at about 90 marks per dollar during the first half of 1921. [7] Because the Western Front of the war had been mostly fought in France and Belgium, Germany came out of the war with most of its industrial infrastructure intact, leaving it in a better place economically than neighbouring France and Belgium ...
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 European interwar economy (the period between the First and Second World War, also known as the interbellum) began when the countries in Western Europe were struggling to recover from the devastation caused by the First World War, while also dealing with economic depression and the rise of fascism.