History of german economy
History of German economy (1945-1991)
When de Second World War finished in 1945 Germany was divided in two parts, the east part, the German democratic republic was under the influence of the URSS. The west part was formed by the zone liberated by the USA army during the war and also west Berlin ( berlin was in the east part nevertheless the west part was a lander of east Germany and was separated from the rest by the famous Berlin wall) it was a real democracy and a capitalist country.
East Germany was a socialist country; The GDR was governed between 1949 and 1989 by the Socialist Unity Party of Germany and his leader, who was also the head of the state. Despite the economic sanctions imposed by the Soviet Union, the GDR was the most economically developed country of the Communist bloc, and his economic status was higher than many developed countries. However, constantly suffered shortages of foreign exchange and, in part, its economy were the reflection of an emergency situation. The economic system that prevailed was the Five Year Plans planned economy and mergers between large companies and state enterprises. The system left a small margin that allowed the existence of small private companies that were not totally subject to economic planning. The first Five Year Plan, (from 1951-1955), had as main objectives to eliminate the ravages of war, reparations and dismantling, and increase production especially energy management and HCI. In 1955, there were in the GDR over 13,000 private companies. In 1957, the GDR produced twice before the Second World War in the same territory. In the same year in the GDR were extracted 213 million tons of carbon, 50% of world production, produced 32.7 thousand kilowatt-hours of electricity (almost like in Belgium, Holland, Denmark and Finland together) and 2.9 million tons of steel, 14 times more than in 1947. In chemical production, the GDR was the second highest level of world production and was the largest exporter of
When de Second World War finished in 1945 Germany was divided in two parts, the east part, the German democratic republic was under the influence of the URSS. The west part was formed by the zone liberated by the USA army during the war and also west Berlin ( berlin was in the east part nevertheless the west part was a lander of east Germany and was separated from the rest by the famous Berlin wall) it was a real democracy and a capitalist country.
East Germany was a socialist country; The GDR was governed between 1949 and 1989 by the Socialist Unity Party of Germany and his leader, who was also the head of the state. Despite the economic sanctions imposed by the Soviet Union, the GDR was the most economically developed country of the Communist bloc, and his economic status was higher than many developed countries. However, constantly suffered shortages of foreign exchange and, in part, its economy were the reflection of an emergency situation. The economic system that prevailed was the Five Year Plans planned economy and mergers between large companies and state enterprises. The system left a small margin that allowed the existence of small private companies that were not totally subject to economic planning. The first Five Year Plan, (from 1951-1955), had as main objectives to eliminate the ravages of war, reparations and dismantling, and increase production especially energy management and HCI. In 1955, there were in the GDR over 13,000 private companies. In 1957, the GDR produced twice before the Second World War in the same territory. In the same year in the GDR were extracted 213 million tons of carbon, 50% of world production, produced 32.7 thousand kilowatt-hours of electricity (almost like in Belgium, Holland, Denmark and Finland together) and 2.9 million tons of steel, 14 times more than in 1947. In chemical production, the GDR was the second highest level of world production and was the largest exporter of