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Wirtschaftswunder

Index Wirtschaftswunder

The term Wirtschaftswunder ("economic miracle"), also known as The Miracle on the Rhine, describes the rapid reconstruction and development of the economies of West Germany and Austria after World War II (adopting an Ordoliberalism-based social market economy). [1]

55 relations: Allied plans for German industry after World War II, AMAG Austria Metall AG, Austria, Austrian schilling, Chancellor of Austria, Chancellor of Germany (1949–present), Deutsche Mark, Dwight D. Eisenhower, East Germany, Economic growth, Economy, Economy of Germany, Europe, European Economic Community, Factory, Flight and expulsion of Germans (1944–50), France, GARIOA, Gastarbeiter, Greece, Harper's Magazine, History of the Ruhr, Italian economic miracle, Japanese economic miracle, Julius Raab, Kaprun, Kibibyte, Konrad Adenauer, Korean War, Lucius D. Clay, Ludwig Erhard, Marshall Plan, Miracle on the Han River, Monetary reform, Morgenthau Plan, Ordoliberalism, Post–World War II economic expansion, Potsdam Conference, Reichsmark, Saarland, Social market economy, Southern Italy, Soviet Union, Steyr-Daimler-Puch, The Times, United Kingdom, United States, Voestalpine, Walter Heller, War reparations, ..., West Autobahn, West Germany, William Henry Draper Jr., World War II, 1,000,000,000. Expand index (5 more) »

Allied plans for German industry after World War II

The industrial plans for Germany were designs the Allies considered imposing on Germany in the aftermath of World War II to reduce and manage Germany's industrial capacity.

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AMAG Austria Metall AG

AMAG (Austria Metall AG) is the biggest company in the Austrian Aluminium industry sector.

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Austria

Austria (Österreich), officially the Republic of Austria (Republik Österreich), is a federal republic and a landlocked country of over 8.8 million people in Central Europe.

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Austrian schilling

The Schilling (German: Österreichischer Schilling) was the currency of Austria from 1925 to 1938 and from 1945 to 1999, and the circulating currency until 2002.

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Chancellor of Austria

The Chancellor of Austria, officially the Federal Chancellor of the Republic of Austria (Bundeskanzler der Republik Österreich, sometimes shortened to Kanzler) is the head of government of the Austrian Republic.

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Chancellor of Germany (1949–present)

The Federal Chancellor of the Federal Republic of Germany (in German called Bundeskanzler(in), meaning "Federal Chancellor", or in) for short) is, under the German 1949 Constitution, the head of government of Germany.

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Deutsche Mark

The Deutsche Mark ("German mark"), abbreviated "DM" or, was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002.

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Dwight D. Eisenhower

Dwight David "Ike" Eisenhower (October 14, 1890 – March 28, 1969) was an American army general and statesman who served as the 34th President of the United States from 1953 to 1961.

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East Germany

East Germany, officially the German Democratic Republic (GDR; Deutsche Demokratische Republik, DDR), existed from 1949 to 1990 and covers the period when the eastern portion of Germany existed as a state that was part of the Eastern Bloc during the Cold War period.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Economy of Germany

The economy of Germany is a highly developed social market economy.

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Europe

Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere.

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European Economic Community

The European Economic Community (EEC) was a regional organisation which aimed to bring about economic integration among its member states.

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Factory

A factory or manufacturing plant is an industrial site, usually consisting of buildings and machinery, or more commonly a complex having several buildings, where workers manufacture goods or operate machines processing one product into another.

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Flight and expulsion of Germans (1944–50)

During the later stages of World War II and the post-war period, German citizens and people of German ancestry fled or were expelled from various Eastern and Central European countries and sent to the remaining territory of Germany and Austria.

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France

France, officially the French Republic (République française), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.

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GARIOA

Government Aid and Relief in Occupied Areas (GARIOA) was a program under which the US after the 1945 end of World War II from 1946 onwards provided emergency aid to the occupied nations, Japan, Germany, Austria.

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Gastarbeiter

Gastarbeiter (plural, "Gastarbeiter") is German for "guest worker" (literal translation).

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Greece

No description.

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Harper's Magazine

Harper's Magazine (also called Harper's) is a monthly magazine of literature, politics, culture, finance, and the arts.

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History of the Ruhr

The actual boundaries of the Ruhr vary slightly depending on the source, but a good working definition is to define the Lippe and Ruhr as its northern and southern boundaries respectively, the Rhine as its western boundary, and the town of Hamm as the eastern limit.

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Italian economic miracle

The Italian economic miracle or the Italian economic boom (il miracolo economico, or boom economico) is the term used by historians, economists and the mass media to designate the prolonged period of strong economic growth in Italy after the Second World War from the 1950s to the late 1960s, and in particular the years from 1950 to 1963.

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Japanese economic miracle

The Japanese economic miracle was Japan's record period of economic growth between the post-World War II era to the end of Cold War.

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Julius Raab

Julius Raab (29 November 1891 – 8 January 1964) was a conservative Austrian politician, who served as Federal Chancellor of Austria from 1953 to 1961.

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Kaprun

Kaprun is a municipality in the Zell am See District in the state of Salzburg, Austria.

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Kibibyte

The kibibyte is a multiple of the unit byte for quantities of digital information.

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Konrad Adenauer

Konrad Hermann Joseph Adenauer (5 January 1876 – 19 April 1967) was a German statesman who served as the first Chancellor of the Federal Republic of Germany (West Germany) from 1949 to 1963.

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Korean War

The Korean War (in South Korean, "Korean War"; in North Korean, "Fatherland: Liberation War"; 25 June 1950 – 27 July 1953) was a war between North Korea (with the support of China and the Soviet Union) and South Korea (with the principal support of the United States).

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Lucius D. Clay

General Lucius Dubignon Clay (April 23, 1898 – April 16, 1978) was a senior officer of the United States Army who was known for his administration of occupied Germany after World War II.

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Ludwig Erhard

Ludwig Wilhelm Erhard (4 February 1897 – 5 May 1977) was a German politician affiliated with the CDU and the second Chancellor of the Federal Republic of Germany (West Germany) from 1963 until 1966.

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Marshall Plan

The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $13 billion (nearly $ billion in US dollars) in economic assistance to help rebuild Western European economies after the end of World War II.

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Miracle on the Han River

The Miracle on the Han River refers to the period of rapid economic growth in South Korea following the Korean War (1950–1953), during which South Korea transformed from a developing country to a developed country.

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Monetary reform

Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system.

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Morgenthau Plan

The Morgenthau Plan (Morgenthau-Plan) by the Allied occupation of Germany following World War II was a proposal to eliminate Germany's ability to wage war by eliminating its arms industry, and the removal or destruction of other key industries basic to military strength.

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Ordoliberalism

Ordoliberalism is the German variant of social liberalism that emphasizes the need for the state to ensure that the free market produces results close to its theoretical potential.

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Post–World War II economic expansion

The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of strong economic growth beginning after World War II and ending with the 1973–75 recession.

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Potsdam Conference

The Potsdam Conference (Potsdamer Konferenz) was held at Cecilienhof, the home of Crown Prince Wilhelm, in Potsdam, occupied Germany, from 17 July to 2 August 1945.

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Reichsmark

The Reichsmark (sign: ℛℳ) was the currency in Germany from 1924 until 20 June 1948 in West Germany, where it was replaced with the Deutsche Mark, and until 23 June in East Germany when it was replaced by the East German mark.

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Saarland

Saarland (das Saarland,; la Sarre) is one of the sixteen states (Bundesländer) of the Federal Republic of Germany.

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Social market economy

The social market economy (SOME; soziale Marktwirtschaft), also called Rhine capitalism, is a socioeconomic model combining a free market capitalist economic system alongside social policies which establish both fair competition within the market and a welfare state.

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Southern Italy

Southern Italy or Mezzogiorno (literally "midday") is a macroregion of Italy traditionally encompassing the territories of the former Kingdom of the two Sicilies (all the southern section of the Italian Peninsula and Sicily), with the frequent addition of the island of Sardinia.

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Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR) was a socialist state in Eurasia that existed from 1922 to 1991.

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Steyr-Daimler-Puch

Steyr-Daimler-Puch was a large manufacturing conglomerate based in Steyr, Austria, which was broken up in stages between 1987 and 2001.

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The Times

The Times is a British daily (Monday to Saturday) national newspaper based in London, England.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Voestalpine

Voestalpine AG is an international steel-based technology and capital goods group based in Linz, Austria.

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Walter Heller

Walter Wolfgang Heller (27 August 1915 – 15 June 1987) was a leading American economist of the 1960s, and an influential adviser to President John F. Kennedy as chairman of the Council of Economic Advisers, 1961–64.

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War reparations

War reparations are payments made after a war by the vanquished to the victors.

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West Autobahn

The West Autobahn (A1) was the first motorway (Autobahn) to be built in Austria, originating from plans drawn up for the so-called Reichsautobahn system.

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West Germany

West Germany is the common English name for the Federal Republic of Germany (FRG; Bundesrepublik Deutschland, BRD) in the period between its creation on 23 May 1949 and German reunification on 3 October 1990.

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William Henry Draper Jr.

William Henry Draper Jr. (1894– 1974) was a 20th-century American army officer, banker, government official, and diplomat.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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1,000,000,000

1,000,000,000 (one billion, short scale; one thousand million or milliard, yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001.

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Redirects here:

German Miracle, German economic miracle.

References

[1] https://en.wikipedia.org/wiki/Wirtschaftswunder

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