Essay On Germany Pre-Economic Miracle
1. Pre-Economic Miracle
Germany as a country afterwards World War II, which was led by Hitler to control all the world affected the Germany lost and destroyed 20 percent of all housing. Food manufacture per capita in 1947 was only 51 percent of its level in 1938, and the official food share set by the occupying powers varied between 1,040 and 1,550 calories per day. Industrialized output in 1947 was only one-third its 1938 level. Large percentage of Germany's men were passed on.
Germany was count up the biggest client of the U.S. welfare state, but with the hard work, Germany was going to be built again, and ten years later people were speaking about the German economic miracle.
The two main reasons were a currency reform and the dismissal
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Because, Mr. Erhard's concepts had worked, that is why the first chancellor of the new Federal Republic of Germany, Konrad Adenauer, appointed him as Germany's first Minister of Economic Affairs. He held that post till 1963 when he became chancellor himself, a post he held until 1966.
2. Marshall Plan
It was one more success and aid Germany, because Cumulative aid from the Marshall Plan and other aid plans totaled $2 billion in 1954. The Marshall Plan was only extended to Western Germany after it was understood the suppression of its economy was holding back the recovery of further European countries and was not the leading force behind the Economic Miracle. The marks were spent within West Germany to buy food, luxury items, beer and cars, as well as entertaining. As well as at the time West Germany had a great pool of skilled labor, partly as an effect of the deportations and migrations which affected up to 16.5 million Germans. This helped West Germany to further than double the value of its exports through and shortly after the war. Apart from these factors, hard work and long hours at full capacity between the population in the 1950s, 1960s and early 1970s and extra labor supplied by thousands of guest workers providing a vital base for the sustainment of the economic upturn with additional
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